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Lithium Universe (ASX: LU7) reinforces team with appointment of joint CFOs and Company Secretaries

August 16, 2023 05:37 PM AEST | By Sonal Goyal
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 Lithium Universe (ASX: LU7) reinforces team with appointment of joint CFOs and Company Secretaries
Image source: Company website

Highlights

  • Vincent Fayad and Kurt Laney have been appointed as joint CFO/ company secretary, effective from 16 August 2023.
  • Fayad carries more than four decades of experience in international M&A, corporate finance, advisory-related services, and accounting.
  • Laney is currently a joint company secretary of Astute Metals and joint company secretary and CFO of Greenvale Energy.

ASX-listed lithium-focused company Lithium Universe Limited (ASX: LU7) has announced the appointment of Kurt Laney and Vincent Fayad as Joint CFO / Company Secretary, in effect from today (16 August 2023).  

Fayad brings in rich experience of four decades

A Chartered Accountant, Fayad has an experience of over 40 years in international mergers & acquisitions, corporate finance, accounting and advisory-related services.  

Fayad established a firm, Vince Fayad & Associates, in 2016, engaged in offering advisory and accounting services in Australia and overseas.

Over the past 25 years, Fayad has offered advisory services on a range of transactions, primarily related to the exploration and mining industries. Also, during the same period, he catered to mining exploration organisations with accounting and corporate secretarial services.  

Currently, he is a joint company secretary and executive director of Astute Metals NL (ASX:ASE). He is also a joint company secretary of Greenvale Energy Ltd (ASX:GRV). He is also working with Nexon Asia Pacific Pty Ltd as a non-executive director.

Laney – a highly experienced CA

Laney is a chartered accountant with specialisation in providing corporate secretarial, accounting and taxation services. He has catered to numerous mining company requirements.

At present, he is working as a joint company secretary of ASE and joint company secretary and CFO of GRV.

Earlier, he was associated with Polymetals Resources Limited (ASX:POL) as the former joint company secretary and CFO.

At the time of writing, LU7 shares traded at AU$0.057 apiece with a market capitalisation of AU$34.97 million.


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