Xanadu Mines Limited
(ASX:XAM) has announced its Chairman and non-executive director, Mark Wheatley has decided to step down.
Mr Wheatley advised the miner of his decision at the company’s AGM in May 2017.
He says he will support Xanadu’s CEO and board transition to a new chairman over the coming months.
The outgoing Chairman also says Xanadu is in the best shape its been in during his five year tenure, with a health cash balance.
Xanadu
(ASX:XAM) posted a net loss of $119,000 at 30 June 2016.
