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Cannindah Resources Limited ( (AU:CAE) ) has provided an update.
Cannindah Resources Limited announced the resignation of Tom Pickett as Managing Director, with Cam Switzer stepping in as Interim CEO. Under Pickett’s leadership, the company made significant advancements in its Mt Cannindah project, attracting interest from major mining entities. The company is undergoing a leadership transition and has initiated an executive search for a new CEO. Additionally, Cannindah has made changes to its corporate services, appointing Andrea Betti as Company Secretary and Nathan Rose as Joint Company Secretary and CFO, while closing its Gold Coast office.
More about Cannindah Resources Limited
Cannindah Resources Limited operates in the resources sector, focusing on exploration and development projects with a particular emphasis on copper and gold. The company is known for its Mt Cannindah project, which has garnered interest from major mining houses, including the world’s largest copper producer.
Average Trading Volume: 593,929
Technical Sentiment Signal: Sell
Current Market Cap: A$13.83M
For a thorough assessment of CAE stock, go to TipRanks’ Stock Analysis page.