Carrick Gold Limited
(ASX:CRK) is pleased to announce that it has
appointed a resource specialist investment banker, Mr. Robert Schuitema, to the
Board of Directors as it continues to strengthen its management team.
Mr. Schuitema has held high level positions with some of the largest resource
financing houses internationally, including Chase Manhattan Bank and JP
MorganChase.
Carrick Gold Chairman, Dr Brian Martin, said Mr. Schuitema’s experience in
advising resource companies with projects of varying scales in relation to their
finance requirements will be very valuable to Carrick as it moves through its
exploration program and toward gold production.
“Mr. Schuitema’s accountancy and governance experience will also build on the
Board’s desire to exceed best practice in these areas,” Dr Martin said.
“Carrick Gold has a solid base from which to execute its exploration and resource
development strategy,” he said.
“The Company is well-positioned with cash at bank of over $20 million and no debt
as it continues to explore its gold tenements located north-east of Kalgoorlie.”
“Carrick Gold is in the process of establishing a senior executive team in order to
add depth to management and to carry out its stated goals – Mr. Schuitema’s
appointment is an example of this strategy in action.”
“This will continue the strategy which was recently commenced with the
appointment of Mr. Laurence Freedman AM to the Board.”
“This is a time of transition for Carrick as it moves from gold explorer to resource
definition and towards production.”
“The board is committed to ensure that all necessary resources and expertise are
available to execute the transformation.”