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- QX Resources (QXR) appoints Steve Promnitz as Managing Director, effective immediately
- Most recently, Mr Promnitz was the Managing Director of Lake Resources where he secured the company’s lithium assets and developed the Kachi lithium brine project
- He has been the CEO of small and mid-tier companies, held senior management roles with the likes of Rio Tinto and senior corporate finance roles with major banks
- As Managing Director of QXR, Mr Promnitz will facilitate the growth and development of the company’s lithium assets in WA and gold projects in Queensland
- QXR is up 33.3 per cent following this news, with shares trading at 4.4 cents at 12:46 pm AEST
QX Resources (QXR) has appointed Steve Promnitz as Managing Director, effective immediately.
Most recently, Mr Promnitz was the Managing Director of Lake Resources (LKE) where he secured the company’s lithium assets in 2016 and developed the Kachi lithium brine project in Argentina.
Prior to joining Lake, he worked in the gold sector with major and mid-tier producers as well as across the battery minerals, natural resources and energy sectors.
Mr Promnitz has been CEO of small and mid-tier companies, held senior management roles with the likes of Rio Tinto (RIO) and WMC, and held senior corporate finance roles with major banks such as Westpac and Citigroup.
As Managing Director of QXR, Mr Promnitz will facilitate the growth and development of the company’s lithium assets in WA and gold projects in Queensland.
“I plan to advance the current assets and expand the focus on battery minerals by drawing on my extensive networks and skills from the past six years in the battery minerals sector,” Mr Promnitz said.
“I am confident we can transform and scale up QXR into a major player in this sector. My immediate focus is to introduce the QXR opportunity to my network, prioritise activities, and actively communicate our growth strategy to existing and potential investors.”
QXR was up 33.3 per cent on the market with shares trading at 4.4 cents at 12:46 pm AEST.
