(Alliance News) - Cora Gold Ltd on Monday said it has appointed Robert Monro as chief executive to replace Jonathan Forster, who will still have a role with the company.
The West African-focused gold exploration company said Forster, who has had a 40-year career in the minerals industry, wants to reduce his workload. He is stepping down as chief executive but will remain in the company as head of exploration.
Meanwhile, Monro has previously served as operations manager, country manager and head of business development at gold exploration company Hummingbird Resources PLC.
Non-Executive Chair Ed Bowie said: "On behalf of the board and shareholders, I would like to thank Jon for his commitment and hard work during his tenure as chief executive. I am delighted that he will continue to oversee the company's technical development as head of exploration."
"It gives me great pleasure to welcome Bert to the role of chief executive. Bert brings a huge amount of enthusiasm, an in-depth understanding of the junior gold sector and a keen focus on adding shareholder value", he added.
Cora Gold shares were untraded on Thursday morning in London, last quoted at 5.62 pence each.
By Ife Taiwo; ifetaiwo@alliancenews.com
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