Aranjin Resources Announces Change in Chief Financial Officer as ASX Plans Move Forward

Rhea-AI Summary

Aranjin Resources (TSXV: ARJN) announces a significant change in its executive team as it prepares for an ASX listing in Q4 2024. Jeremy South will step down as Chief Financial Officer on July 8, 2024, and Joe Graziano will take over the position. Graziano, based in Perth, brings over 35 years of experience in financial and strategic advisory roles in the resource sectors of Western Australia. His expertise spans Mergers & Acquisitions, Capital Raisings, Corporate Governance, and ASX compliance. This leadership change is part of Aranjin Resources' strategy to refresh its financial management and rekindle exploration activities in Mongolia and Australia.

Positive

• Aranjin Resources is planning to list on the ASX in Q4 2024.
• Joe Graziano, with 35 years of experience, will assume the role of CFO, bringing extensive expertise in Mergers & Acquisitions, Capital Raisings, and ASX compliance.
• The leadership change is aimed at refreshing the company's treasury and restarting exploration activities.

Negative

• Jeremy South, who has been the CFO since 2018, will step down, which may cause interim disruptions.

Ulaanbaatar, Mongolia--(Newsfile Corp. - July 3, 2024) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin Resources") announces a change in Chief Financial Officer as it moves forward with the previously announced plans to list on the ASX, targeting a listing in the fourth quarter of 2024.

Jeremy South, Chief Financial Officer since 2018, will step down from the role with effect from July 8 and the role will be assumed by Joe Graziano.

Based in Perth, Western Australia, Joe has over 35 years' experience providing financial and strategic advice to small cap unlisted and listed public companies and privately owned businesses in Western Australia's resource industries.

Since 2014 he has been focused on corporate advisory and Chief Financial Officer roles, with deep experience across company secretarial, strategic planning and due diligence with listed corporations and Family Offices. Activities include Mergers & Acquisitions, Capital Raisings, Corporate Governance, ASX compliance, Investment Advisory and Structuring.

Joe is currently a director of Pathways Corporate Pty Ltd a specialised Corporate Advisory business, based in Australia.

The Board would like to thank Jeremy for his years of service and welcomes Joe to the Company as it embarks on a reset year to refresh the treasury and restart its exploration activities in Mongolia and Australia.

On behalf of the Board
Matthew Wood
Chairman
+976 7732 1914

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215297

FAQ

What significant change did Aranjin Resources announce in July 2024?

Aranjin Resources announced a change in its Chief Financial Officer. Jeremy South will step down, and Joe Graziano will take over.

When is Aranjin Resources planning to list on the ASX?

Aranjin Resources is planning to list on the ASX in the fourth quarter of 2024.

Who will take over as the new CFO of Aranjin Resources?

Joe Graziano will take over as the new Chief Financial Officer of Aranjin Resources.

What experience does Joe Graziano bring to Aranjin Resources?

Joe Graziano brings over 35 years of experience in financial and strategic advisory roles, focusing on Mergers & Acquisitions, Capital Raisings, Corporate Governance, and ASX compliance.

Why is Aranjin Resources making changes to its leadership?

Aranjin Resources is making leadership changes to refresh its treasury and restart exploration activities in Mongolia and Australia.