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LONDON (Alliance News) - Aminex PLC on Friday said that Jay Bhattacherjee is stepping down as chief executive with immediate effect for health reasons.
The company has appointed Senior Non-Executive Director Tom Mackay as interim CEO also with immediate effect. Mackay joined the Aminex board in 2014.
In due course, the company will commence a process to appoint a new CEO, it said.
Solo Oil PLC, a natural resources investment company, noted the statement issued by partner Aminex.
Solo said: "We wish Jay all the best with his health issues and hope for a speedy recovery. We look forward to working with Tom in the interim and then with the permanent CEO as we continue to forge a closer JV relationship with Aminex that benefits Solo's investments in Ruvuma and Kiliwani North."
Aminex shares were trading 1.9% lower at 0.88 pence each, while Solo shares were down 1.8% at 1.67p.