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Myanmar Metals strengthens team with executive director appointment

The new role is in addition to company secretary and chief financial officer positions.
The permanent commitment demonstrates belief in the Bawdwin project in Myanmar.

Myanmar Metals Ltd (ASX:MYL) has strengthened its executive team through the appointment of Rowan Caren as executive director in addition to his roles as company secretary and chief financial officer.

Caren has acted as a non-executive director since joining the Board in June 2017.

Permanent commitment

The permanent commitment to Myanmar Metals demonstrates Caren’s strong belief in the company and the Bawdwin Lead-Zinc-Silver Project in Myanmar.

John Lamb, chairman, said: “Rowan Caren joined the company at the same time as I did in June 2017.

"Together with Jeff Moore, we have worked as a strong and cohesive unit towards development of the company’s key asset – the Bawdwin base metals project in Myanmar.

"Throughout that period, we have all been stretched in terms of maintaining external commitments.

“Unlock access to key management resource”

"Mr Caren’s decision to commit to Myanmar Metals long term will unlock access to a key management resource as the company continues its rapid progress.”

Caren has 25 years commercial experience as a Chartered Accountant, having qualified with PricewaterhouseCoopers in 1992.

He has been involved in the minerals exploration industry for more than 20 years and in 2004 created a specialist advisory consultancy.

He has provided financial and corporate services to several listed and unlisted companies involved in the resources sector.

READ: Myanmar Metals has drill bit turning to upgrade lead, zinc and silver resources

The Bawdwin mine, in Myanmar’s northern Shan state, was reputedly one of the richest mines in the British Empire before World War II.

It was a world-class mine when in production and occurs in a volcanic complex that has never experienced systematic modern exploration.

There is an inferred resource of 75.9 million tonnes at grades of 4.6% lead, 2.3% zinc, 0.25% copper and 119 g/t silver

Mark Creasy’s Yandal Investments holds almost 14% of Myanmar Metals, formerly Top End Minerals Ltd (ASX:TND).

READ: Myanmar Metals starts metallurgical tests on samples from Bawdwin project

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