Predictive Discovery Ltd (ASX:PDI) has appointed experienced resources industry executive Steven Michael to its Board of Directors as a non-executive director.
This appointment will strengthen the company’s links to the investment community and provide an insightful perspective on the company’s mineral exploration activities across West Africa.
Michael has more than 25 years’ experience in the global resources sector specialising in corporate finance and equity markets and has previously worked in the natural resources’ divisions of Macquarie Bank, Rothschild and Royal Bank of Canada.
Chairman Phillip Jackson said: “We are delighted that Steven has accepted our invitation to join the board as a non-executive director.
“To add a director of Steven’s calibre and experience will greatly benefit Predictive as we enter an exciting period for the company with drilling on our 100%-owned Guinea projects scheduled to begin in the March quarter and imminent joint venture drilling in Cote D’Ivoire.
Experience and recognition
Michael is an executive director of ASX-listed Arrow Minerals Ltd (ASX:AMD) having been the managing director for eight years.
During this period Arrow explored for gold, nickel, lithium and manganese in Australia, Burkina Faso and South Africa.
Michael is a Member of the Institute of Chartered Accountants in Australia and is a member of the Australian Institute of Company Directors.
Further board changes
Following this new appointment current director David Kelly will be resigning.
Kelly is acting chief operating officer of Resolute Mining Limited (ASX:RSG) , Predictive’s most significant joint venture partner in West Africa.
Recognition of the potential conflict of interest between these two roles by both the company and Kelly has resulted in his decision to resign from Predictive’s board.
The company said Kelly had made strong contributions to Predictive since his appointment in January 2016 and thanked him for his service.