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IN BRIEF: Scotgold appoints CFO Sean Duffy as interim CEO

ALN

Scotgold Resources Ltd - Stirlingshire, Scotland-based gold and silver exploration company - Appoints Sean Duffy, its chief financial officer and board director, as interim chief executive officer. Duffy will take on the role immediately, whilst remaining as CFO. This follows the resignation of Phil Day last Thursday, who left the role ‘to spend more time with his family’. At the time, Scotgold said it was ‘reluctantly’ accepting Day’s resignation.

Chair Peter Hetherington says: ‘With significant mining expertise, Sean will step into the role of interim CEO until a permanent replacement is appointed. Sean, has the knowledge, relationships, and expertise to manage on-going workstreams, ensuring continuity in our operations to drive the long hole stope mine plan and development of our Cononish gold mine towards full production.’

Current stock price: 12.06 pence, down 1.6% in London on Wednesday afternoon

12-month change: down 82%

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