logo-loader
Pantoro Ltd

Pantoro appoints Wayne Zekulich as non-executive director to assist Norseman gold development

The appointment will ensure development activities at Norseman are on track with two additional drill rigs, for a total of three, due to arrive on-site early this month.

Pantoro Ltd -
The appointment is subject to ratification by shareholders at the company's annual general meeting in November

Pantoro Limited (ASX:PNR) has appointed Wayne Zekulich as an independent non-executive director, bringing to Pantoro broad experience with mergers and acquisitions, arranging and underwriting project financing, privatisation and debt and equity capital markets.

Along with the board appointment, Pantoro has made several other key appointments to ensure its Norseman gold development activities progress while Halls Creek gold production is maintained.

Appointments include group geology manager Andrew Finch; group mining engineer Tim Davidson; metallurgical and mineral processing consultant Peter Sperring and general manager Norseman Gold Project Paul Androvic.

Provide management firepower

Pantoro chairman Mike Jefferies said, “Wayne brings a wealth of experience to Pantoro and strengthens our accounting, audit and corporate governance functions.

“The additional senior appointments provide Pantoro with the management firepower required to successfully drive the Norseman project forward and ensuring sustained successful production from Halls Creek.”

Two additional drill rigs

Zekulich was previously chief financial officer of Gindalbie Metals Ltd and prior to that chief development officer of Oakajee Port and Rail.

He holds a Bachelor of Business degree and is a Fellow of the Institute of Chartered Accountants.

Currently, Zekulich consults to Deutsche Bank and is a non-executive director of ASX-listed company archTIS Ltd (ASX:AR9),

In the not-for-profit sector, Zekulich is a member of the John Curtin Gallery Board, the Curtin Business School of Accounting Advisory Board and is a member of the University of Western Australia Audit Committee

Development activities at Norseman are on track with two additional drill rigs, for a total of three, due to arrive on-site in early October.

Quick facts: Pantoro Ltd

Price: 0.14 AUD

Market: ASX
Market Cap: $164.63 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Pantoro Ltd named herein, including the promotion by the Company of Pantoro Ltd in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Pantoro Ltd in the process of upgrading to produce up to 100,000 gold ounces...

Pantoro Ltd (ASX:PNR) managing director Paul Cmrlec speaks to Proactive Investors about the gold producer's operations at the multi-faceted Halls Creek Project, in the Kimberley Region of Western Australia. At the original Nicolsons underground mine, new equipment is being deployed to...

on 3/7/18

2 min read