– UK, London – MetalNRG (NEX:MNRG), the London NEX Exchange quoted natural resource investing company, is pleased to announce the appointment of Paul Johnson as Chief Executive Officer with immediate effect. Paul was previously a non-executive director of the Company.
Christopher Latilla-Campbell, Chairman of MetalNRG plc commented: “ I am delighted to welcome Paul into the role of Chief Executive Officer as the Company gears up to enter a new growth phase.
The management team have been actively investigating new opportunities and have a pipeline from which we anticipate further developments will be announced in due course.
The appointment of Paul as CEO marks an inflection point in the commitment of management time to developing the Company and I personally look forward to participating in the advancement of the Metal NRG business going forward.”
Paul Johnson, Chief Executive Officer of MetalNRG plc commented: “I am pleased to take on this new role at a key point in the natural resource cycle. Junior companies have access to a tremendous array of opportunities and, with the prolonged cyclical downturn now morphing into what the Board believe is a recovery phase, the ability to create value for shareholders in a highly efficient manner is possible.
MetalNRG itself is well established on the NEX Exchange however its shares have not of late been actively traded, which is one area we will be working to change immediately.
The Company must innovate from the beginning and grow its business in an inspirational manner that reflects the challenges of the resource sector. Opportunities abound in this space currently however financing for resource projects is a limiting factor. These are actually favourable conditions for an innovative junior company such as MetalNRG but such conditions will not last forever, so we now need to progress our activities with due dispatch.
I look forward to updating shareholders as material developments occur.”
About Paul Johnson
Paul Johnson (aged 47) is a Chartered Accountant, Associate of the Institute of Chartered Loss Adjusters and of the Chartered Insurance Institute. Paul holds a BSc (Hons) in Management Science from the University of Manchester Institute of Science and Technology.
Paul has held various board roles on listed and quoted public companies and private companies and he is currently a Non-Executive Director of AIM listed Thor Mining (LON:THR) plc.
Metal NRG is quoted on the NEX Exchange in London with the stock code MNRG and is a natural resource investing company.
For more information : http://www.metalnrg.com
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