Nordic Resources Limited (ASX:NNL)

ALERT: Price-sensitive ASX Announcement for NNL

Current share price for NNL : $0.220 0.015 (7.32%)⁺

Announcement

Executive Director Appointed Managing Director

Release

1 Jul 2026 3:53PM

Price at Release

$0.205

Full Release

Summary

Nordic Resources Limited, trading as NNL on the ASX, has announced the appointment of Dr. Robert Wrixon as Managing Director, effective 1 July 2026. Dr. Wrixon, a founding director who has served as Executive Director since the company's inception, is recognized for his leadership in advancing Nordic's Finnish project portfolio. The board of directors, led by Non-Executive Chairman Mr. Malcolm Norris, expressed confidence that Dr. Wrixon's extensive industry expertise and stakeholder relationships will be crucial for the company’s strategic execution and growth. Dr. Wrixon's employment terms include a fixed remuneration of A$300,000 per annum and a provision for termination payment if applicable. This appointment reflects the board's trust in Dr. Wrixon's ability to drive the company’s exploration and development activities forward.

Key Points

Dr. Robert Wrixon appointed as Managing Director.
Dr. Wrixon is a founding director and Executive Director since inception.
Appointment effective from 1 July 2026.
Dr. Wrixon's leadership recognized for advancing the Finnish project portfolio.
Fixed remuneration set at A$300,000 per annum.
Termination terms include three months' notice or 12 months' remuneration if terminated without cause.
Dr. Wrixon's industry experience and stakeholder relationships are valued.
Board led by Non-Executive Chairman Mr. Malcolm Norris supports the appointment.

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.