Core Lithium Ltd (ASX:CXO) (Core or the Company) is pleased to announce the permanent appointment of James Virgo to the position of Chief Financial Officer (CFO), effective 24 June 2024.
James has been with Core for the past year and has served as Interim CFO since March 2024. He is a qualified Chartered Accountant and an experienced finance and commercial professional with over 12 years of experience in the mining and professional services industries. Throughout his career, James has held various senior finance and leadership roles. Before joining Core, James was the General Manager of Finance and Investor Relations at ASX-listed gold miner Resolute Mining Limited.
In this role, he was responsible for all finance-related activities, managing taxation issues, driving business development initiatives, handling capital management, and maintaining investor relations. James possesses a comprehensive understanding of the financial landscape within the mining sector and demonstrates the ability to manage complex financial operations.
Core Chief Executive Officer Paul Brown said: 'I am delighted that James has accepted the permanent position of Chief Financial Officer. James has supported me significantly during my transition into my new role. He brings a wealth of experience and dedication to Core. His deep understanding of our Company's financial landscape will undoubtedly strengthen our financial team and contribute greatly to the future of Core. 'I also wish to extend my gratitude to outgoing Chief Financial Officer and Interim CEO Doug Warden, who will be leaving Core at the end of the month. Doug has provided me with a solid introduction and handover, and I wish him the best in his future endeavours.' James Virgo said: 'I am excited to continue contributing to our team's success at Core. I will focus on the right areas for our cost base and funds allocation to ensure we can grow and respond to market conditions.'
Core Lithium Ltd (ASX: CXO) (Core or Company) is an Australian hard-rock lithium producer that owns and operates the Finniss Lithium Operation on the Cox Peninsula, south-west and 88km by sealed road from the Darwin Port, Northern Territory. Core's vision is to generate sustained value for shareholders from critical minerals exploration and mining projects underpinned by strong environmental, safety and social standards
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