Supplementary Prospectus & Management Changes
Perth, Dec 4, 2015 AEST (ABN Newswire) - Triton Minerals Ltd (
ASX:TON) confirms that Mr Bradley Boyle's role as Managing Director and Chief Executive Officer has ended. The Board would like to thank him for his contribution to the Company.
Mr Garth Higgo has agreed to be appointed as Chief Executive Officer and together with Mr Alfred Gillman, Technical Director, will be responsible for the management of the Company. The Board is confident that the new executive team will maintain all key stakeholder relationships, particularly with Mr Gillman's close involvement in the development of the Company over the past three years.
In addition, Mr Rodney Baxter has agreed to be appointed as Non-Executive Director of the Company, subject to the Company receiving subscriptions for an amount at least equivalent to the Underwritten Amount under the Entitlement Offer.
The Directors believe the changes set out in this Supplementary Prospectus are not materially adverse from the point of view of an investor. As such, persons that have already applied for Shares and Options under the Prospectus do not need to take any action.
The Underwriter has confirmed that it will not rely on any of the information in this Supplementary Prospectus, or the issue of this Supplementary Prospectus to terminate the Underwriting Agreement and that the Underwriting Agreement remains in full force and effect.
A copy of this Supplementary Prospectus will be available on the Company's website. The Company will send a copy of this Supplementary Prospectus to all Eligible Shareholders who have subscribed for Shares and Options pursuant to the Prospectus prior to the date of this Supplementary Prospectus.
All other details in relation to the Prospectus and the Offer remain unchanged and accordingly the Prospectus, which should be read in its entirety with this Supplementary Prospectus, and the Entitlement and Acceptance Form accompanying the Prospectus, provide the basis for and the means by which Eligible Shareholders may accept all or any part of their Entitlement under the Offer. Please see the Prospectus for information on how Eligible Shareholders may participate in the Offer.
To view the release, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-745416.pdf
About Triton Minerals Ltd
Triton Minerals Limited (ASX:TON) is an ASX listed, responsible mineral explorer and resource management company headquartered in Perth, Australia.
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.
