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Maxim Resources appoints new CEO ahead of AIM listing

Last updated: 06:56 16 Jan 2015 GMT, First published: 07:56 16 Jan 2015 GMT

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Maxim Resources (CVE:MXM) has promoted Andrew Male as the company’s new chief executive and president.

Male has been a director of Maxim since 2011 and he replaces Arthur Brown who has given up the roles to concentrate on his duties as chairman.

Brown says Male’s appointment is key to the company’s next stage of development, which will see the group establish an additional stock market listing, on London’s AIM.

“Andrew Male and I have been working closely over the past four years and Andrew was instrumental in managing and securing the company’s recent litigation settlement in Trinidad,” Art Brown said.

“His finance, mergers and acquisition knowledge will be a valuable asset going forward.”

The Canadian company has also appointed current chief financial officer Cyrus Driver as a director of the company. He replaces Neil Dinsdale, who has resigned.

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