Exploration company Alicanto Minerals has made several board and management changes as part of a new growth strategy that will see it review potential project acquisitions.
Raymond Shorrocks has moved from nonexecutive chairperson into the role of interim executive chair. With more than 30 years of experience in the resources sector and senior corporate finance executive roles, Shorrocks has advised a diverse range of mining companies and managed equity capital raisings, mergers and acquisitions.
Geologist Duncan Grieve has been appointed as a nonexecutive director. He was part of the discovery and resource drill out at the Bellevue gold project and has substantial project generation experience in gold, lithium and base metals exploration across Africa, Australia, Europe and North America.
Grieve has previously worked with Alicanto on its exploration strategy in Sweden and will take an active role in reviewing additional advanced projects that have potential to complement Alicanto’s existing assets.
Russell Curtin also joins the board as a nonexecutive director. Curtin, a former partner at EY, brings more than 30 years of experience in the audit sector, having served major clients such as Woodside and Santos.
Susan Field has been appointed as CFO, replacing Michael Naylor, while Rob Sennitt has stepped down as MD. Sennitt will continue to be available to the company over the next three months to assist in its endeavours to identify potential funding options for its Swedish assets.
Alicanto is pursuing aggressive exploration campaigns in Sweden’s highly-regarded mining region of Bergslagen.