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Maronan Metals Limited (ASX:MMA)

ALERT: Price-sensitive ASX Announcement for MMA
Current share price for MMA : $0.390 0.01 (2.63%)+
Announcement
Release
13 May 2026 10:54AM
Price at Release
$0.380
Full Release
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Summary
Maronan Metals Limited announced a planned leadership transition as the company prepares for the next phase of the Maronan Silver Project. Mr. Richard Carlton will step down as Managing Director effective 1 December 2026, after leading the company since its ASX listing in April 2022. The search for a new CEO and Managing Director has commenced. Mr. Carlton will remain involved with the company to ensure continuity. The Board is also considering evolving its composition to align with the company's development stage. Chairman Simon Bird emphasized the importance of this orderly transition in preparing for the project's advancement.
Key Points
  • Leadership transition planned at Maronan Metals Limited.
  • Mr. Richard Carlton to step down as Managing Director by 1 December 2026.
  • Search for new CEO and Managing Director initiated.
  • Mr. Carlton to remain involved for project continuity.
  • Board composition under review for next development stage.
  • Chairman Simon Bird highlights positive and orderly transition.
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.