Resolute Mining CEO to Take Temporary Leave; Shares Fall 5%

MT Newswires Live
2024-12-13

Resolute Mining (ASX:RSG) said chief executive officer (CEO)Terry Holohan will be on temporary leave of absence till Jan. 31 to spend time with his family, according to a Friday filing with the Australian bourse.

During Holohan's absence, Chris Eger, the current chief financial officer (CFO) since February 2023, will serve as acting CEO, the filing said.

Dave Jackson, the current group financial controller since April 2023, will serve as acting CFO.

The company said that it made the third and final settlement payment of about $30 million to the Government of Mali and continues to engage with the government regarding the protocol signed on Nov.18.

Shares of the company fell 5% in recent Friday trade.

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