IronRidge Resources Limited – Directorate Change
The Board of IronRidge Resources Limited today announces the retirement and replacement of Mr Bastiaan Van Aswegen with the appointment of Mr Kieran Daly as Non-Executive Director to the Board of the Company with immediate effect.
Kieran formally joins the Board as part of the Company’s strategic alliance with mining company Assore Limited (“Assore”), which has a 31.27% shareholding in IronRidge. Kieran brings to IronRidge extensive resources industry experience in strategy, corporate development marketing and operations, all of which will be essential for developing the Company’s assets.
Kieran who is the Executive for Growth & Strategic Development at Assore holds a BSc Mining Engineering from Camborne School of Mines (1991) and an MBA from Wits Business School (2001) and worked in investment banking/equity research for more than 10 years at UBS Group AG, Macquarie Group Limited and Investec Limited prior to joining Assore in 2018.
Kieran spent the first 15 years of his mining career at Anglo American plc’s Coal Division (“Anglo Coal”) in a number of international roles including operations, sales & marketing, strategy and business development. His key roles included leading and developing Anglo Coal’s marketing efforts in Asia, and to steel industry customers globally, as well as being Global Head of Strategy for Anglo Coal immediately prior to leaving Anglo in 2007.
Commenting, CEO Vincent Mascolo said:
“We are delighted to welcome Kieran Daly to IronRidge’s Board. He brings a wealth of experience in strategic advisory and, ultimately, business growth and development. His insights and expertise will be highly valuable and comes at a compelling time for the Company, as we seek to develop and enhance our portfolio of projects.
“At the same time, the Directors of the Company would like to extend their sincere thanks to Bastiaan Van Aswegen for his contribution to date. Bastiaan has been a highly valued member of the IronRidge Board and the entire Company has benefited from his knowledge and counsel during the transition from explorer to developer”.