Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Bob Foster officially confirmed as top man at Stratex

Bob Foster has over 40 years experience in the mining industry
Bob Foster
Bob Foster is back in charge at Stratex

Stratex International plc (LON:STI) has confirmed the appointment of mining industry veteran Bob Foster as its new interim chief executive.

The appointment had previously been announced on a provisional basis following an extraordinary general meeting which led to the ousting of the previous chief, Marcus Engelbrecht.

WATCH: Stratex International's Bob Foster keen to get the show back on the road

Foster wasn’t initially slated to take on the top job by those who ousted Engelbrecht, but the way the resolutions of the EGM were worded meant that a candidate other than those put forward by the dissidents was required.

READ: Stratex parts ways with Engelbrecht

Since Foster has previously run Stratex and remains highly popular inside the industry, he was the obvious choice. The real question was: whether he’d do it.

But now it’s been confirmed that he will, shareholders in Stratex are surely entitled to think they are now in for a period of at least relative stability.

View full ORR profile View Profile

Oriole Resources PLC Timeline

Related Articles

Copper in periodic table
Bezant has a huge copper resource under licence in the Philippines
underground mine
July 20 2018
Annual guidance for 2018 is 82,000-88,000 oz at AISC of US$680-730 oz
The decision notice allows Scotgold to proceed with the long-awaited redevelopment of Cononish

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use