(Alliance News) - Orosur Mining Inc on Friday said Non-Executive Director Brad George will replace outgoing chief executive officer Ignacio Salazar with immediate effect.
George has been a part of the board since May 1 as a director and has already made significant contributions to the company, Orosur Mining said. George has a wealth of experience in South America, particularly in gold exploration and development.
The South American gold exploration company also announced the appointment of Thomas Masney as a non-executive director and chair of the audit committee. He will replace HD Lee who resigned with immediate effect.
Masney has been the chief financial officer of TSX and AIM-listed companies.
Orosur Chair Louis Castro said: "I am delighted that Brad has agreed to step up to become CEO of the company. Brad is ideally suited to lead the company into its new phase of development at its flagship project at Anza in Colombia, in partnership with Newmont, whilst also assessing entry into new projects.
"I also look forward to working with Thomas who brings strong governance experience and many contacts in Toronto and further afield."
Orosur shares were untraded at 3.50 pence each on Friday afternoon in London.
By Greg Roxburgh; gregroxburgh@alliancenews.com
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