Juno Minerals Limited (ASX: JNO) ('Juno' or 'the Company') advises that Non-Executive Chairman David Moroney will retire as Chairman from the Company's Board with effect from 31 May 2025.
In addition, Juno is pleased to announce the appointment of Mr Keith Saffy as a Non-Executive Director, effective 1 June 2025 following the resignation of Mr Marc Ber as a Non-Executive Director of the Company effective 31 May 2025. Both Keith and Marc are representatives of Ntsimbintle Holdings (Pty) Ltd (Ntsimbintle), being one of Juno's major shareholders of the Company holding 15.22% equity interest in the Company.
Mr Moroney joined the Juno Board as Chair in April 2022 and has led the Company since this time as it continues to develop its Mount Mason DSO Hematite Project and Mount Ida Magnetite Project. Mr Saffy is Managing Director of Ntsimbintle Marketing and Trading Pte. Ltd and Director of Safika International Pte Ltd in Singapore. He is also Executive Director of Limeng International Trading (Tianjin) Co. Ltd. and Director of Ntsimbintle Ukuhweba (Pty) Ltd. Mr Saffy spent most of his career with BHP Billiton and its progenitor companies filling a variety of roles in projects, operations, business development and marketing in coal, PGM and manganese commodities.
He joined the BHP Billiton Carbon Steel Materials marketing group in Singapore in 2006 as Technical Marketing Manager. In 2009 he was appointed Chief Commercial Officer for the BHP Billiton Manganese business, a role which expanded to Vice President Strategy and Development. He left BHP Billiton in 2013 to become Chief Executive Officer of DMS Powders (Pty) Ltd. In 2018 he set up Ntsimbintle Marketing and Trading in Singapore, primarily to market Ntsimbintle's equity ore offtake share in the Tshipi Manganese Mine. Mr Saffy has a BSc (Life Sciences) and BSc (Chemical Engineering) from the University of Witwatersrand. With part-time study he obtained a BCom (Accountancy and Economics) from the University of South Africa followed by an MBA from the University of the Witwatersrand. Managing Director and CEO Greg Durack said, 'On behalf of the Board, we extend our sincere gratitude and thanks to David for his significant contributions and service to the Company since joining the Board and wish him well in retirement. The Board also would like to extend their thanks to Marc who has been a valuable member of the board'. He added 'the Board welcomes Keith to the Board and recognises the ongoing support of major shareholder Ntsimbintle.
We believe that Keith's operational and technical experience and background will be highly valuable in helping to progress the development of Juno's iron ore projects'.
This announcement has been approved for release by the Board.
Contact:
Greg Durack
Managing Director and CEO
Tel: + 61(0)8 9346 5599
Email: investorrelations@junominerals.com.au
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