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KGL Resources CEO Resigns; Company Focuses on Jervois Project Development
Company Announcements

KGL Resources CEO Resigns; Company Focuses on Jervois Project Development

Story Highlights
  • KGL Resources’ CEO has resigned, with the Chairman assuming executive duties temporarily.
  • The company is advancing its Jervois Copper Project with new technical and project personnel.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

The latest update is out from KGL Resources Limited ( (AU:KGL) ).

KGL Resources Limited has announced the resignation of its CEO, Mr. Phillip Condon, who is stepping down to pursue other opportunities. The Chairman, Mr. Jeff Gerard, will temporarily take over executive functions as the company seeks a new CEO. The company is currently focused on advancing the Feasibility Study Update and Independent Technical Engineer’s report for the Jervois Copper Project. They have appointed RPMGlobal to conduct an Independent Technical Review and Axiom Project Services to provide experienced personnel to support the project. This transition aims to ensure the project’s progress and meet financial lenders’ requirements.

More about KGL Resources Limited

YTD Price Performance: -8.47%

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $35.81M

Learn more about KGL stock on TipRanks’ Stock Analysis page.

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