Platina Resources’ Managing Director Resigns After Seven-Year Tenure

Platina Resources Limited ( (AU:PGM) ) has shared an update.

Platina Resources Limited, an Australian metals explorer listed on the ASX, concentrates on progressing early-stage projects through to development and monetisation. The company now primarily targets gold, controlling a full portfolio of projects in Western Australia’s Yilgarn Craton.

The company announced that Managing Director Corey Nolan has resigned after more than seven years in the role, providing three months’ notice in line with his contract. During his tenure, Nolan oversaw Platina’s strategic shift from platinum and specialty metals to a gold-focused strategy, including the divestment of its scandium project to Rio Tinto, and the board will now begin an internal and external search for his successor.

The most recent analyst rating on (AU:PGM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Platina Resources Limited stock, see the AU:PGM Stock Forecast page.

More about Platina Resources Limited

Platina Resources Limited is an Australian-based metals exploration company listed on the ASX and focused on advancing early-stage projects through exploration, feasibility and permitting towards development. The company holds a 100% interest in a portfolio of gold projects in the Yilgarn Craton in Western Australia, aiming to create shareholder value by monetising assets via sale, joint venture or in-house development.

Average Trading Volume: 723,776

Technical Sentiment Signal: Hold

Current Market Cap: A$19.35M

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