White Rock Minerals Ltd (ASX:WRM, OTCQX:WRMCF) has appointed experienced capital markets professional Peter Mangano as non-executive chairperson following the retirement of Peter Lester.
The move follows the company’s June 8 announcement that it was contemplating refreshing the board.
Resources and energy expertise
Mangano brings his business development and capital markets expertise to White Rock. He is highly regarded in resources and energy, having worked in these and other sectors as a fund manager, resource analyst and corporate adviser over the last 30 years.
The new chair holds a commerce degree from the University of Tasmania and a science degree from the University of Western Australia.
He kicked off his career in the resources industry with Renison Goldfields and Pasminco and is currently a director of Contango Capital.
Mangano previously spent six years at Colonial First State, and, before that, 12 years at Citigroup including six years as managing director and deputy head of US Equity Research in New York.
Board thanks Lester
Lester retires as non-executive chairperson after more than nine years as a director. Lester has held the role of chairman since January 1, 2019, and had been a non-executive director since April 2013.
The White Rock board acknowledges and thanks Lester for his significant contribution and guidance.
Lester leaves the company with three strong projects, having overseen:
- the development of Mount Carrington to a positive gold first pre-feasibility;
- the acquisition of and development of a high-grade zinc VMS project at Red Mountain and gold at Last Chance; and
- the acquisition of the Woods Point Gold Project including the Morning Star Gold Mine and large prospective gold exploration licences.
