Appointment of Chief Financial Officer

RNS Number : 8209O

Resolute Mining Limited

03 February 2023

 

3 February 2023

Appointment of Chief Financial Officer

Resolute Mining Limited (Resolute or the Company) (ASX/LSE: RSG) is pleased to announce the appointment of Chris Eger as its new Chief Financial Officer (CFO). With the decision to move the CFO position to London, Chris replaces Doug Warden who has decided not to relocate. Chris will commence on 27 February 2023 and Doug will remain with the Company until 31 March 2023 to ensure an orderly handover.

During his 25 year career, Chris has held a number of senior financial, commercial and leadership roles in the resources and investment banking sectors. Most recently he was the CFO of Chaarat Gold Plc and was previously CFO of Nyrstar NV and the M&A Director at Trafigura AG. He commenced his career in private equity and investment banking with BP Capital Management, BMO Capital Markets and Bank of America Merrill Lynch. Chris has extensive experience in North America, Europe and the UK. Chris is fluent in French and English and holds a Masters of Business Administration from Kellogg School of Management and a BA in Physics & Economics from Colgate University.

Resolute's Chief Executive Officer, Terry Holohan, said he is delighted to have Chris join the team. "Chris is a highly regarded CFO, who has extensive global experience in the resources and investment banking sectors. His proven leadership, financial and commercial capabilities make Chris an ideal replacement for Doug who has understandably decided not to move to London for family reasons. I would like to sincerely thank Doug for his commitment to Resolute, with his leadership during the recent equity raise, a critical juncture in establishing a leading west African gold business".

About Resolute

Resolute Mining (ASX/LSE: RSG) is an African gold miner, developer, and explorer with more than 30 years of experience across Australia and Africa. To date the Company has produced over nine million ounces of gold. It currently operates the Syama Gold Mine in Mali and the Mako Gold Mine in Senegal. Resolute's gold production and cost guidance for 2023 is 350,000oz at an AISC of $1,480/oz.

Through all its activities, sustainability is the core value at Resolute. This means that protecting the environment, providing a safe and productive working environment for employees, uplifting host communities, and practicing good corporate governance are non-negotiable priorities. Resolute's commitment to sustainability and good corporate citizenship has been cemented through its adoption of and adherence to the Responsible Gold Mining Principles (RGMPs). This framework, which sets out clear expectations for consumers, investors, and the gold supply chain as to what constitutes responsible gold mining, is an initiative of the World Gold Council of which Resolute has been a member since 2017. The Company is on track to reach full compliance with the RGMPs in 2023.

Contact

Resolute James Virgo, GM Finance and Investor Relations [e-mail] [phone] Australian Media Cameron Morse, FTI Consulting [e-mail] [phone]

Public Relations Jos Simson / Emily Moss, Tavistock [e-mail] [phone] / [phone] Corporate Broker Jennifer Lee, Berenberg [phone]

Authorised by Mr Terry Holohan, Managing Director and Chief Executive Officer

 

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