Stanmore Coal Chairman to retire

Company News

by David Murdoch

Stanmore Coal Limited (ASX:SMR) has announced the retirement of its Chairman Neville Snedden.

Stanmore Coal operates the Isaac Plains coking Coal mine in Queensland’s prime Bowen Basin.

The company says it was part of a formal board renewal process and appointed two new independent non-executive directors, Stewart Butel and Neal O’connor with immediate effect.

The company also says it will appoint a new Chair early in the new year, allowing for an orderly transition.

Shares in Stanmore Coal (ASX:SMR) were last trading up 3.7 per cent to 42 cents

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