MD of Ramelius joins Explaurum board

Company News

by Rachael Jones

Mark Zeptner, the Managing Director of Ramelius Resources (ASX:RMS) has taken the position as non-executive director on the board of gold explorer Explaurum (ASX:EXU).

The move comes after the current takeover offer by Ramelius Resources for all of the shares in Explaurum.

Explaurum announced on 18 December 2018 that a nominee of Ramelius would be invited to join the Explaurum Board following its recommendation to shareholders to accept the improved Ramelius offer.

Shares in Ramelius Resources (ASX:RMS) trading 1.2 per cent higher at $0.42.