Alicanto Minerals announced the appointment of highly experienced resources executive Rob Sennitt as Managing Director with effect from 1 September 2022. Mr. Sennitt's appointment will enhance the rapid growth strategy being implemented by Alicanto at its Sala Project in Sweden. Peter George will move from Managing Director to Executive Director.

Peter George will move from Managing Director to Executive Director and will focus on advancing the Sala Project in Sweden. Mr. George has a wealth of knowledge on developing and operating projects in Sweden. Rob Sennitt has more than 30 years' experience in the resources industry.

He was initially an investment banker providing strategic advice to companies in the sector, before moving to Mineral Deposits Limited (MDL) as its Managing Director. MDL owned a 50% interest in the TiZir Joint Venture (comprising the Grande Cote (Mineral Sands) Mining Operations in Senegal and the TTI (Titanium Slag and Iron) smelting operations in Norway). At MDL, Mr. Sennitt was responsible for the performance, restructure and refinancing of the Joint Venture as well as driving MDL strategy, delivering a number of successful outcomes, including a significant recapitalisation of the Company, before its acquisition by French mining giant Eramet SA.

Mr. Sennitt will be joining Alicanto from his role as Senior Advisor to resource-focussed private equity firm, Appian Capital Advisory LLP, where he was responsible for sourcing investments and portfolio management in Australia and South East Asia.