SYNDICATED METALS LIMITED ASX ANNOUNCEMENT - 4 May 2015
Assets, Experience, Growth
SYNDICATED ANNOUNCES BOARD CHANGES WITH APPOINTMENT OF NEW NON-EXECUTIVE DIRECTOR
New CopperChem CEO Robert Cooper joins Syndicated's Board replacing Brendan James
Syndicated Metals Limited (ASX: SMD - "Syndicated" or "the Company") is pleased to announce the appointment of experienced mining executive Mr Robert Cooper to the position of Non-Executive Director, effective immediately.
Mr Cooper is Chief Executive Officer of Syndicated's joint venture partner at the Barbara Copper- Gold Project and its major shareholder, North Queensland copper producer CopperChem Limited, a wholly-owned subsidiary of the WH Soul Pattinson Group (ASX: SOL). He replaces Mr Brendan James who has stepped down from the Syndicated Board following his recent resignation from CopperChem.
CopperChem has a 30.98% holding in Syndicated following completion of the Company's recent successful Entitlements Issue and is also its 50 per cent joint venture partner in the exploration and planned development of the Barbara Project, part of its extensive tenement holding in Queensland.
Mr Cooper is a Mining Engineer with more than 23 years' industry experience, having held roles across a diverse range of metalliferous commodities, both in Australia and overseas. He has previously held leadership positions with BHP Billiton as General Manager of Leinster Nickel Operations within Nickel West, Project Manager of a BHP Billiton-wide organisation design project, and as Asset President of Ekati Diamonds in Canada. He more recently held positions with Discovery Metals as General Manager - Operations in Botswana and as General Manager - Development in their Brisbane office.
Mr Cooper also holds the position of Chief Executive Officer of Exco Resources Limited, which holds a substantial package of copper-gold exploration tenements adjacent to Syndicated's Northern Hub Project, east of Mt Isa. Exco is also a 100%-owned subsidiary of the WH Soul Pattinson Group of companies.
Commenting on the appointment, Syndicated's Chairman, Mr Peter Langworthy, said: "Robert is a highly accomplished mining executive with extensive experience in the mining industry in Australia. His expertise, drive and vision for what the Barbara Joint Venture can deliver will be invaluable to Syndicated as we continue our transition to becoming a significant new copper producer in Queensland.
"We welcome him to the Board of Syndicated and look forward to his ongoing contribution to the Company. We would also like to express our gratitude to Brendan James for his valuable contribution over the past 18 months and we wish him all the best in his future endeavours" Mr Langworthy added.
ENDS
For further information:
Investors
Peter Langworthy - Syndicated Metals
Mobile: 0418 958 660
Media
Nicholas Read - Read Corporate
Mobile: 0419 929 046
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