Appointment of Executive Chairman
Christian Yates transitions from Non-Executive Chairman to Executive Chairman effective immediately.
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Nativo Resources plc (LON:NTVO), which has interests in gold mines in Peru, is pleased to announce Christian Yates, Non-Executive Chairman, will transition to the role of Executive Chairman with immediate effect.
The Board intends to bring on an additional new non-executive director in due course.
Christian Yates, Executive Chairman of Nativo, commented:
"Nativo's near-term objectives are to advance our tailings reprocessing opportunities to recover gold and silver, resume primary gold mining, restructure the long-term debt, and put the Company in a stronger financial position. We have a foothold in Peru with two gold mines secured, one tailings project optioned, a series of further tailings projects identified, and highly favourable commodity prices. I am pleased to commit more time to Nativo in an executive leadership capacity alongside our CEO to help deliver on our plans."
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