Business
Final Results, Notice of AGM and Board Changes
Final Results, Notice of AGM and Board Changes.
About this update from Landore Resources Limited
[{"type":"text","content":"\n\n4 May 2023\nLandore Resources Limited\n(\"Landore Resources\" or the \"Company\")\nFinal Results for the Year Ended 31 December 2022, Notice of Annual General Meeting and Planned Board Changes\nThe Board of Landore Resources (AIM: LND) is pleased to announce the Company's final results for the year to 31 December 2022.\nThe Company's forthcoming Annual General Meeting (\"AGM\") is to be held at La Tonnelle House, Les Banques, St Sampson, Guernsey, GY1 3HS at 11.00 a.m. on 29 June 2023.\nThe full 2022 Annual Report and the formal Notice of AGM will shortly be made available on the Company's website at: www.landore.com and posted to shareholders.\nCharles Wilkinson, Non-Executive Chairman, and Bill Humphries, Chief Executive Officer (\"CEO\"), have informed the Board that they intend to retire and will therefore not be standing for re-election at the forthcoming AGM. Huw Salter will assume the role of Non-Executive Chairman of the Company following the AGM. As part of the Company's succession planning, a third party professional recruitment firm was appointed some time ago to assist the Board with regards to the identification and appointment of a new CEO and this process is now well advanced. Following his retirement at the AGM, it is intended that Bill will remain as a consultant to the Company for a limited period to facilitate an orderly transition of his responsibilities. If a suitable replacement CEO is not appointed by the date of the AGM, Michele Tuomi, currently a director of Landore Resources Canada Inc., will assume the role of a non-Board interim CEO until such time as a permanent hire is secured.\nThe Board would like to take this opportunity to express its sincere gratitude to both Charles and Bill for their long-standing service and valued contribution to the Company's development over the last circa 17 years and wishes them all the best for their forthcoming retirements.\n \nFor further information, please contact:\n\n\n\n\nLandore Resources Limited\n\n\n\n\n\n\n\nBill Humphries, Chief Executive Officer\n\n\nTel: 07734 681262\n\n\n\n\nGlenn Featherby, Finance Director\n\n\nTel: 07730 420318\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited (Nominated Adviser and Broker)\n\n\n\n\n\n\n\nJames Dance/Matthew Chandler/Robert Collins\n\n\nTel: 020 7409 3494\n\n\n\n\n \nThe information contained within this ann...