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LONDON - First Class Metals PLC (AIM:FCM), a UK-listed exploration company focused on metal deposits in Ontario, Canada, announced Tuesday the immediate re-appointment of Marc J. Sale as an executive director.
Sale has continued to serve as CEO during his absence from the board and will now resume his director responsibilities at what the company describes as "a pivotal stage" in its development.
James Knowles, Chairman of First Class Metals, stated that Sale’s return to the board ensures "full alignment" in the company’s leadership structure. According to the chairman, Sale brings "technical expertise and deep understanding" of the company’s portfolio.
Sale expressed that he was "delighted to be invited to re-join the Board as Executive Director" while noting he had maintained his CEO position throughout the interim period.
First Class Metals focuses on exploration projects in Ontario, with particular emphasis on gold deposits. The company describes its Canadian assets as having "district-scale potential" in a region with significant mineral resources.
The announcement, made via regulatory news service, was classified as inside information under the UK Market Abuse Regulation. The company did not provide details about when or why Sale had previously stepped down from his director position.
First Class Metals is listed on the AIM market of the London Stock Exchange.
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