– AUSTRALIA, Brisbane – IronRidge Resources Limited (LON: IRR), the African focussed minerals exploration company, today announced that Ken Tsubaki is retiring from the board as a Non-Executive Director and that Teddy Miyawaki will succeed Ken Tsubaki as Non-Executive Director with immediate effect.
Commenting, CEO Vincent Mascolo said: “We are delighted to welcome Teddy Miyawaki to IronRidge’s Board. He brings a wealth of experience in strategic advisory and, ultimately, business growth and development throughout Africa. His insights and expertise will be highly valuable and comes at a compelling time for the Company, as we seek to develop and enhance our portfolio of projects.
“At the same time, the Directors of the Company would like to extend their sincere thanks to Ken Tsubaki for his contribution to date. Ken has been a highly valued member of the IronRidge Board and the entire Company has benefited from his knowledge and counsel during the transition from explorer to developer.”
About Teddy Miyawaki
Teddy, who has to date acted as the Alternate Director for Mr Tsubaki, formally joins the Board as part of the Company’s strategic alliance with Sumitomo Corporation, a global conglomerate which has a 10.2% interest in IronRidge. Teddy brings to IronRidge extensive experience in strategic development, operational and corporate development, which will be essential for developing the Company’s assets throughout Africa.
Teddy joined Sumitomo Corporation in 1998 and has held several key roles including investment business development and commodity trading for various divisions within the Sumitomo group.
Teddy holds a BEc Economics from Hitotsubashi University Japan and, having worked and resided in Johannesburg for some five years, brings with him a wealth of knowledge and experience in operating in various African jurisdictions.
About IronRidge Resources Limited
IronRidge Resources is an AIM-listed, Africa focussed minerals exploration company with a lithium pegmatite discovery in Ghana, extensive grassroots gold portfolio in Cote d’Ivoire and a potential new gold province discovery in Chad. The Company holds legacy iron ore assets in Gabon and a bauxite resource in Australia. IronRidge’s strategy is to create and sustain shareholder value through the discovery and development of significant and globally demanded commodities.
IronRidge made its AIM debut in February 2015, successfully securing strategic alliances with three international companies: Assore Limited of South Africa, Sumitomo Corporation of Japan and DGR Global Limited of Australia. Assore is a high- grade iron, chrome and manganese mining specialist. Sumitomo Corporation is a global resources, mining marketing and trading conglomerate. DGR Global is a project generation and exploration specialist.
For more information : https://www.ironridgeresources.com.au
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July 22, 2019