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PERTH - Celsius Resources Limited (ASX, AIM:CLA) announced Wednesday that two directors will be departing from its board, with both exits effective following the company’s Annual General Meeting being held today.
Non-Executive Director Attilenore "Nene" Manero has advised her intention to resign from the board, according to the company statement. Despite leaving the board, Manero will continue in her executive role at MMCI as Chief Sustainability Officer, where she will focus on developing ESG systems, social performance programs, and regulatory alignment.
The company also confirmed that Executive Chairman Julito "Sarge" Sarmiento will retire from the board at the AGM, as previously announced on October 13. Sarmiento has been credited with building relationships with the local Balatoc Indigenous Community and maintaining connections with government leaders during his tenure.
Celsius Resources acknowledged Manero’s contributions to strengthening governance standards and improving sustainability oversight during her time as a director. The company stated her resignation will allow her to focus more fully on advancing the development of the MCB Project and supporting CLA’s assets in the Philippines.
The mining company has begun searching for a new Chair and plans to update shareholders at an appropriate time, according to the press release statement.
Celsius Resources is listed on both the Australian Securities Exchange and London’s AIM market.
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