Neo Energy Metals PLC - near term, low-cost uranium developer - Says that non-executive chair Jason Brewer has been appointed executive chair with immediate effect. This move is designed to support Chief Executive Officer Sean Heathcote in delivering on accelerated development plans for the Henkries uranium project, and expanding the company's uranium interests around Henkries and throughout Southern Africa.
CEO Heathcote says: "Having set ambitious targets focused on advancing our low-cost Henkries uranium project in South Africa towards a two-year production plan, we eagerly anticipate sharing regular updates on the company's progress over the coming months. With experienced leadership and our team's commitment, we are confident in Neo Energy Metals' ability to deliver value to our stakeholders and contribute significantly to the uranium industry."
Stock price: 0.62 pence
12-month change: down 29%
By Holly Beveridge, Alliance News reporter
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Neo Energy Metals (NEO)