Business
Appointment of Executive Chairman
Harena Resources Plc announced the appointment of Ivan Murphy as Executive Chairman, effective October 1, 2025. This transition will allow the Executive Technical Director to focus on the upcoming license submission and technical programs for the Ampasindava Project. Ivan will focus on strengthening stakeholder engagement in the United States and advancing the company's strategy to access U.S. capital markets, including the previously announced process to cross-trade on the OTCQB Venture market. Harena's Ampasindava Project boasts a 600,000-tonne ionic clay rare earth resource. The Board is also looking to broaden the executive team with updates to be provided in due course. Disclaimer*
About this update from Harena Rare Earths Plc
[{"type":"text","content":"\n\n22 September 2025\n \nHarena Resources Plc\n(\"Harena\" or the \"Company\")\n \nAppointment of Executive Chairman\n \nHarena Resources Plc (LSE: HREE), the rare earths company focused on the Ampasindava ionic clay rare earth project in Madagascar (the \"Ampasindava Project\"), is pleased to announce the appointment of Ivan Murphy as Executive Chairman with effect from 1 October 2025.\n \nIn his capacity as Non-Executive Chairman of Harena Ivan has led the Company's recent financial restructuring and strategic repositioning. The board of directors of Harena (the \"Board\" or the \"Directors\") are delighted to announce that he will now transition into an executive leadership role to drive the next phase of the Company's development. This will allow Executive Technical Director, Alan Mulligan, to dedicate his efforts to the forthcoming licence submission and the technical and environmental programmes required as the Ampasindava Project advances towards production.\n \nAs Executive Chairman, Ivan will continue to focus on strengthening the Company's engagement with existing and prospective stakeholders in the United States as well as advancing the Company's strategy to access U.S. capital markets. As part of this, and as announced on 16 September 2025, the Company has commenced the process to publicly cross-trade on the OTCQB Venture market, which is expected to provide the opportunity for U.S. investors to invest in the Company.\n \nThe Board recognises the importance of broadening the executive team and this process is underway. Updates on further executive appointments will be provided in due course.\n \nIvan Murphy, Non-Executive Chairman of Harena, said:\n \n\"I look forward to transitioning to the role of Executive Chairman of Harena having had such a long-standing relationship with the Ampasindava Project. In addition, I look forward to working closely with the Board as we advance the Ampasindava Project towards production. With a 600,000-tonne ionic clay, free-dig, magnet metal heavy rare earth resource, Harena offers a unique and strategic opportunity at a time when mineral security is increasingly prioritised across the U.S. and the western world.\"\n \nFor further information please contact:\n \n\n\n\n\nHarena Resources Plc\nIvan Murphy, Non-Executive Chairman\nAllan ...