KGL Resources (ASX:KGL) Chief Executive Phillip Condon resigned, effective Tuesday, to pursue other opportunities, according to a same-day filing with the Australian bourse.
Chairman Jeff Gerard will assume the role of executive chairman until a new CEO is appointed, the filing said.
Shares of the company rose past 2% in recent Tuesday trade.
Price (AUD): $0.09, Change: $+0.0020, Percent Change: +2.27%