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Catalina Resources Appoints Karl Simich as Non-Executive Chairman Amid Board Restructuring

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Catalina Resources Appoints Karl Simich as Non-Executive Chairman Amid Board Restructuring

Elevate Your Investing Strategy:

The latest update is out from Shree Minerals Limited ( (AU:CTN) ).

Catalina Resources Ltd has appointed Karl Simich as the new Non-Executive Chairman. Simich, a seasoned mining executive with over 38 years of experience, is known for his leadership at Sandfire Resources, where he transformed the company into a diversified producer with a market cap exceeding $5 billion. The board restructuring also includes the resignations of Richard Beazley and Sanjay Loyalka, with Ross Cotton’s remuneration increased to reflect his expanded responsibilities. The company has introduced performance-based incentive packages for directors, aligning their interests with shareholder value creation.

More about Shree Minerals Limited

Current Market Cap: A$9.7M

For an in-depth examination of CTN stock, go to TipRanks’ Stock Analysis page.

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