Board Changes Assist With Rapid Project Development
Chris is a highly qualified professional with over 25 years of international resources industry experience, having worked on the development and operations of oil and gas, hard rock and sand mining projects.
Chris played a central role in the formation of Iluka Resources Limited and was a senior executive and CFO of the ASX-listed iron ore mining company, Fortescue Metals Group Ltd (ASX:FMG), having joined shortly after its formation in 2003.
During his seven years at FMG, initially as its inaugural Chief Financial Officer and then as its Investment and Business Development Director, the company financed and brought into production its major iron ore mining, processing and port facility in Western Australia's Pilbara region. The development established FMG as Australia's third largest iron ore producer behind Rio Tinto and BHP Billiton.
Chris Catlow has a BSc in Engineering Science from the University of Durham in the UK and is a Fellow of the Institute of Chartered Accountants in Australia. He is currently Chairman of Admedus Limited, listed on the ASX (ASX:AHZ) as well as Non-Executive Director and Deputy Chairman of Sirius Minerals Plc, listed on the London Stock Exchange's AIM market (LON:SXX).
Triton's Managing Director and CEO said:
"The Company is pleased to appoint Mr Chris Catlow as its new Independent Non-executive Chairman. Chris's experience significantly strengthens the Triton Board.
Triton would specifically like to thank Mr Alan Jenks for his contribution to the Company as Chairman. The milestones achieved under Alan's guidance cannot be underestimated and have placed the Company in a very strong position to transition from explorer to producer.
The Company will continue to benefit from Alan's knowledge and leadership through his new role as a non-executive Director. Both Alan and the Board believe it is the correct time in the Company's development to appoint an Independent Chairman who can help guide the Company through its exciting transition.
These changes to the Board will assist the Company in successfully navigating towards its goals of achieving commercial production at its Mozambique Graphite Projects and establishing TMG as the global graphite industry benchmark by aiming to offer the world's lowest cost and most diversified graphite product range."
Christopher Catlow, Triton's incoming Chairman said:
"I am delighted to join the Triton team and look forward to assisting the Company realise its plans to become a significant participant in the rapidly growing graphite industry".
The Company looks forward to working with Chris, and believes he will be a valuable addition to the Triton team.
About Triton Minerals Ltd
Led by a highly experienced management team, Triton Minerals' vision is to grow shareholder's value through discovery or development of base metal, gold and other precious metal deposits.
Triton has made excellent progress with its three Graphite projects located in the Cabo Delgado Province in Mozambique, with the program successfully identifying a number of graphitic exposures.
It is the Company's belief that the Mozambique, Balama North Project could host multiple and very substantial world class graphite deposits.
Triton Minerals Ltd
Fortescue Metals Group Ltd