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Podium Minerals Limited (ASX:POD) strengthens management team, Industry veteran appointed to the board

Summary

  • Podium Minerals announced the appointment of industry veteran Rod Baxter to the board, as a Non-Executive Director. A former Divisional Director of Anglo Platinum and Project Director of Anglo American plc.­­­
  • Mr Rod Baxter holds a remarkable track record for executing successful business, turnarounds, and delivers significant company growth via organic expansion, IPO’s and M&A.
  • Responding to the positive news flow, Podium stocks traded at AU$0.51 a share on 10 June 2021, registering a ~9% gain against the previous close.

ASX-listed PGM exploration and development company Podium Minerals Limited (ASX:POD) announced the appointment of mining industry veteran Rod Baxter to the board, as a Non-Executive Director.­­­

Source: Podium Minerals Company Announcement 9 June 2021

Mr Baxter is a seasoned Director and Business Executive with extensive experience across different geographies and diversified sectors. In the past, he has held many key leadership roles as the Managing Director and the Non-executive Chairman of listed and unlisted companies.

Read Here: Podium Minerals (ASX:POD) releases further assay results for Parks Reef

Mr Baxter has led and been critical to transform several businesses. He holds a remarkable track record for executing successful business turnarounds, and delivers significant company growth via organic expansion, IPO’s, and M&A.

Read Here: Podium Minerals Limited (ASX:POD) highlights Rhodium and Iridium potential at Parks Reef, releases Assay results

His critical exposure to the mining sector during his early career  in a number of operational and functional roles, which also include metallurgical, process engineering and project management.

During his career, he held senior and general management roles, in which he was involved in commercial, strategy, new business ventures, and strategic corporate projects for Anglo Platinum. He also served as a Divisional Director for Anglo Platinum, where he took group-wide responsibility for business optimisation, new mining ventures, and strategic corporate projects. He also held a dual role as a Project Director with Anglo American plc.

Visit: Expert Talk With Clayton Dodd, Executive Chairman Of 'Podium Minerals Limited'

Podium Minerals: Unlocking significant values for its investors

The wholly owned Parks Reef project consists of a 15 km long strike of near surface platinum group metals, gold, and base metal mineralization. To date Podium have Inferred mineral resources of 1,390,000oz of 3E PGM and 53,900 tonnes of copper within 100m of surface and across 8.5km of strike representing 30% of its conceptual exploration target to 200m depth.

The project is located in the Mid-West region of western Australia on granted mining leases.  

POD share performance on the Australian Stock Exchange (ASX) Source: Eikon Refinitiv

The bourses welcomed the strengthening of the management team at Podium. The stock traded at AU$0.51 a share on 10 June 2021 at 2:23 PM AEST, registering a daily gain of over 9% with a market capitalisation of AU$142 million.

Read Here: Podium Minerals Limited (ASX:POD) highlights Rhodium and Iridium potential at Parks Reef, releases Assay results

All financial information pertains to Australian dollars unless stated otherwise.

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