Senior Management Changes
The Board of Kingsgate Consolidated (ASX:KCN) (“Kingsgate” or the “Company”) has accepted the resignation of its Chief Executive Officer, Mr Greg Foulis.
The Board would like to thank Mr Foulis for his efforts during his tenure in the role, in particular overseeing the strong performance from the Chatree Gold Mine after the Thai Government prematurely closed the mine in December 2016.
The Board would also like to acknowledge Greg’s efforts in advancing the flagship Nueva Esperanza Gold-Silver Project in Chile.
As an interim measure Mr Ross Smyth-Kirk will assume the role of Executive Chairman.
Mr Smyth-Kirk said “We wish Greg all the very best in his future endeavours and Kingsgate remains well placed to deal with the many challenges that lie ahead.”
Kingsgate Consolidated Limited