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Odessa Minerals Limited (ASX:ODE)

ALERT: Price-sensitive ASX Announcement for ODE
Current share price for ODE : $0.020 0.007 (53.85%)+
Announcement
Release
14 Oct 2025 10:05AM
Price at Release
$0.013
Full Release
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Summary
Odessa Minerals Limited has announced the appointment of Tim Goldsmith as its new Non-Executive Chairman. Goldsmith, who previously led Rincon Ltd to a successful acquisition by Rio Tinto, will replace Zane Lewis, who becomes a Non-Executive Director. Odessa has also appointed consultants Sam Brooks and Matt Keusel to aid in project development. The company conducted a placement to raise $1,150,000 by issuing new shares, and it has issued 83,000,000 Performance Rights to align the interests of its new team members. Following these developments, Odessa has lifted its trading halt and resumed trading on the ASX.
Key Points
  • Appointment of Tim Goldsmith as Non-Executive Chairman of Odessa Minerals Limited.
  • Tim Goldsmith's previous role as CEO of Rincon Ltd and successful acquisition by Rio Tinto.
  • Zane Lewis moves from Non-Executive Chairman to Non-Executive Director.
  • Appointment of consultants Sam Brooks and Matt Keusel to support project development.
  • Completion of a placement to raise $1,150,000 through the issue of new shares.
  • Issuance of 83,000,000 Performance Rights to align interests of new appointees and consultants.
  • Lifting of trading halt and resumption of trading on ASX.
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.