Source: Toubani Resources
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  • Toubani Resources (TRE) appoints two senior mining executives to the board of directors, effective today
  • Scott Perry and Mark Strizek have been welcomed by the company, bringing with them a proven track record of advancing development-stage assets
  • Both new appointees will receive 400,000 options at an exercise price of 35 cents per share, expiring three years from the date of issue
  • The news comes in conjunction with the retirement of Jan-Erik Back and Doug Jendry as Non-Executive Directors
  • Toubani Resources last traded at 15 cents

Toubani Resources (TRE) has appointed two senior mining executives to the board of directors, effective today.

Scott Perry and Mark Strizek have been welcomed by the company, bringing with them a proven track record of advancing development-stage assets.

“The addition of Scott and Mark to the Toubani Board is testament to the unlocked potential seen in the Kobada gold project,” Chief Executive Officer Phil Russo said.

The news comes in conjunction with the retirement of Jan-Erik Back and Doug Jendry as Non-Executive Directors.

Mr Perry has more than 25 years of international senior executive experience in the mining industry. He previously held the role of CEO and Director of Centerra Gold, where he led the US$1.1 billion (A$1.65 billion) acquisition of Thompson Creek Metals in 2016 and the US$240 million (A$361 million) acquisition of AuRico Metals in 2017.

As for Mr Strizek, he is a geologist and resource industry professional, with experience in gold, base, and technology metal projects. Most recently, he was a director and Executive Director of ASX-listed Tietto Minerals (TIE) which progressed from an IPO in 2018 to first gold at its project in Côte d’Ivoire in January 2023.

Both new appointees will receive 400,000 options at an exercise price of 35 cents per share, expiring three years from the date of issue.

Toubani’s board now consists of Danny Callow as Executive Chairman, Tim Kestell, Scott Perry and Mark Strizek as Non-Executive Directors, and Phil Russo as Chief Executive Officer and Executive Director.

Mr Callow will transition to Non-Executive Chairman as of 1 June 2023.

Toubani Resources last traded at 15 cents.

TRE by the numbers
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