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Matsa Resources Limited (ASX:MAT)

ALERT: Price-sensitive ASX Announcement for MAT
Current share price for MAT : $0.047 -0.014 (-22.95%)+
Announcement
Release
30 Jun 2026 9:37AM
Price at Release
$0.061
Full Release
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Summary
Matsa Resources Limited has announced significant changes to its Board and management team to enhance its technical and governance capabilities. The company has appointed three new Non-Executive Directors: Graham Ascough, Robert Ryan, and Leonard Lau, who bring extensive experience in geoscience, mine development, and commercial operations. Paul Poli will continue as Executive Chairman, and Andrew Chapman will serve as a Non-Executive Director and Company Secretary. Pascal Blampain has resigned from the Board but will remain part of the geological management team. These changes are part of a broader strategic focus on advancing the Lake Carey Gold Project, with plans to increase its resource base through extensive drilling programs. The management team has been strengthened with new appointments in exploration, mining, geology, and finance to support the project's development.
Key Points
  • Appointment of three new Non-Executive Directors to the Board.
  • Paul Poli continues as Executive Chairman.
  • Andrew Chapman remains as Non-Executive Director and Company Secretary.
  • Pascal Blampain resigns from the Board but stays with the geological team.
  • Strengthening of the management team in exploration, mining, and finance.
  • Focus on developing the Lake Carey Gold Project.
  • Plans to increase the Lake Carey resource through drilling programs.
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.