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WA Kaolin Limited (ASX:WAK)

ALERT: Price-sensitive ASX Announcement for WAK
Current share price for WAK : $0.006 -0.004 (-40%)+
Announcement
Release
27 May 2026 7:03PM
Price at Release
$0.010
Full Release
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Summary
WA Kaolin Limited announced changes to its board of directors, with Ms. Catherine Lynch and Mr. Matthew Shackleton resigning as Non-Executive Directors, and Mr. Shackleton stepping down as Non-Executive Chairman. In response, the company appointed its current Managing Director, Mr. Alf Baker, as the Interim Chairman. Additionally, Mr. James Staples was appointed as a Non-Executive Director, bringing significant engineering experience from his work on the Wickepin plant. The company plans to appoint another non-executive director to enhance the board's skills.
Key Points
  • Resignation of Ms. Catherine Lynch and Mr. Matthew Shackleton as Non-Executive Directors.
  • Mr. Matthew Shackleton also resigned as Non-Executive Chairman.
  • Appointment of Mr. Alf Baker as Interim Chairman.
  • Appointment of Mr. James Staples as a Non-Executive Director.
  • Plans to appoint an additional non-executive director.
  • Wickepin plant engineering experience brought by Mr. Staples.
  • Board changes intended to resume company securities trading.
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.