Neometals appoints new chairman

Company News

Neometals Limited (ASX:NMT) says it has appointed Steven Cole as Chairman of the board as part of its plan to begin construction at the Mt Marion Lithium project. 
David Reed who has served as Chairman for the past 14 years will step into a non-executive directorship. 
Mr Cole brings over 40 years of corporate and business experience across a number of industries and sectors. 
The company also plans to appoint two further independent non-executive directors. 
Neometals reported a net loss of $10.3 million for the 2015 financial year. 

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