Keating replaced as CEO of manganese project developer Giyani
TSX-V-listed Giyani Metals on Thursday announced the appointment of Charles FitzRoy as CEO and president, replacing Danny Keating who is leaving the company.
In a statement, the developer of the K.Hill battery-grade manganese project in Botswana said Keating was leaving the company to “pursue other opportunities” without any further information.
FitzRoy in October last year joined Giyani as head of corporate development and strategy. The company pointed out that FitzRoy was an experienced mining executive, having previously been CEO of the lithium explorer Bradda Head Lithium, which he took public on Aim and subsequently listed on the OTCQB and the TSX-V.
“We are very excited to appoint Charles as CEO at an important time for the company. Since he joined the company last year, the board has been impressed with his strategic decision making and vision for the company,” said interim nonexecutive chairperson Mark Burnett.
He added that FitzRoy assumed the role as CEO with Giyani on a strong footing, with the company on track to deliver its demonstration plant in the fourth quarter and progressing the definitive feasibility study concurrently, for project financing in 2025.
The company has secured $26-million in financing from two strategic partners, ARCH Sustainable Resources Fund and the Industrial Development Corporation of South Africa, as it aims to progress the K.Hill battery-grade manganese project in Botswana to construction.
Burnett recently joined the board as interim chairperson, following a streamlining effort that saw Jonathan Henry, Michael Jones, John Petersen and Nicola Spooner resign from the board.
The Giyani board in May initiated its renewal with the aim of appointing directors with specific expertise in electric vehicle battery product marketing, project financing and capital markets experience, with a view to completing the process prior to the next AGM, when Burnett will step down as interim chairperson.
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