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Xpedra Resources Limited (ASX:XPD)

ALERT: Price-sensitive ASX Announcement for XPD
Current share price for XPD : $0.020 -0.004 (-16.67%)+
Announcement
Release
3 Feb 2026 8:57AM
Price at Release
$0.024
Full Release
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Summary
Xpedra Resources Limited has appointed Mr. Scott Funston as the new Managing Director. Mr. Funston, who has extensive experience in the resources sector and has held senior positions in multiple ASX-listed companies, will transition from his current role as a Non-Executive Director. This appointment comes as Xpedra is set to begin its maiden drilling program at the Springfield Gold Deposit in New South Wales, a promising exploration asset acquired in December 2025. The terms of Mr. Funston's appointment include a remuneration package of $250,000 plus superannuation and up to 20 million Performance Rights, subject to performance milestones and shareholder approval.
Key Points
  • Scott Funston appointed as Managing Director of Xpedra Resources Limited.
  • Xpedra to start maiden drilling program at Springfield Gold Deposit, NSW.
  • Scott Funston has significant experience in the resources sector.
  • His remuneration includes $250,000 plus superannuation and performance-based incentives.
  • Performance Rights issuance subject to shareholder approval.
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.