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Kingsrose Mining Limited (ASX:KRM)

ALERT: Price-sensitive ASX Announcement for KRM
Current share price for KRM : $0.024 -0.007 (-22.58%)+
Announcement
Release
6 May 2026 8:56AM
Price at Release
$0.031
Full Release
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Summary
Kingsrose Mining Limited has announced the appointment of Mr. Andrew Caruso as the new Chief Executive Officer, effective from 15th June 2026. Mr. Caruso, an experienced mining executive with over 30 years in the industry, will initially be based in Calgary, Alberta, Canada. He brings a wealth of experience in corporate leadership, capital markets, stakeholder engagement, and business development. Mr. Caruso's previous roles include leadership positions at Alcoa Australia, Crosslands Resources, and other mining companies focusing on various commodities. As CEO, he will lead Kingsrose's acquisition-driven growth strategy and the advancement of its Scandinavian exploration projects. His employment terms are detailed in an Executive Employment Agreement, including a base remuneration of CND$400,000 per annum and both short and long-term incentive plans.
Key Points
  • Andrew Caruso appointed CEO of Kingsrose Mining Limited.
  • Appointment effective from 15th June 2026.
  • Mr. Caruso has over 30 years of experience in the mining industry.
  • He will be based in Calgary, Alberta, Canada.
  • His experience spans corporate leadership, capital markets, and business development.
  • Mr. Caruso previously held positions at Alcoa Australia and Crosslands Resources.
  • His role includes leading acquisition-driven growth and Scandinavian exploration projects.
  • Executive Employment Agreement includes a CND$400,000 base salary and incentives.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.