Business
Directorate Changes
Directorate Changes.
About this update from Bradda Head Lithium Limited
[{"type":"text","content":"\n\n29 August 2023\nBradda Head Lithium Ltd.\n(\"Bradda Head\", \"Bradda\", or the \"Company\")\nDirectorate Changes\n \nBradda Head Lithium Limited (AIM:BHL, TSXV:BHLI, OTCQB:BHLIF), the North America-focused lithium development company, today announces that it has agreed with Charles FitzRoy that he will stand down from his role as Chief Executive Officer and Board Director, with immediate effect.\nMr FitzRoy will retain his share options outlined in the AIM announcements dated 6 April 2023.\nThe Chairman of the Board, Mr Ian Stalker, will assume the interim role of Executive Chairman. A search for a new CEO will begin immediately.\nMr Stalker, Interim Executive Chairman, commented: \"I'd like to thank Charles for his input and commitment over the last 30 months, most notably in listing the Company in Summer 2021 where £6.2 million was raised, securing a royalty partnership later that same year, and in raising approximately £10 million of fresh equity-capital in Spring of 2022. On behalf of the Board, I wish Charles the best for the future. The Board is focused on operations and delivering results on the ground in America and will look to appoint an appropriate successor in the near future.\"\nCharles FitzRoy, commented: \" I am moving on from Bradda Head after two and half years where the Company has gone from private to listed on three exchanges in the UK, US, and Canada. Raised US$24 million for progressing Bradda's US projects, and a further US$8 million was secured via a royalty. The assets have grown in both size of landholding, knowledge of the geology and also in-the-ground resources. The last two and half years have been a very rewarding experience working closely with all members of Bradda, especially the US on the ground team and I am proud of what we have achieved. I have enjoyed my time immensely moving our assets forwards, building relationships within Arizona for the long-term, and growing the Company. BHL has some fantastic projects which strategically have little rival. The Company is extremely well positioned in the US for future success. I look forward to cheering from the side-lines.\"\nFor further information please visit the Company's website: www.braddaheadltd.com\nContact:\n\n\n\nBradda Head Lithium Limited\n\n\n+44 (0) 1624 639 396\n\n\n\n\nIan Stalker, Executive Chairman\nDenham Eke, Financ...