Royal Road Minerals Limited (CVE:RYR) (OTCMKTS:RRDMF) said Liz Wall has moved from the position of executive director sustainability to the position of non-executive chair after incumbent chair Peter Mullens stepped down and resigned from the company due to professional commitments.
"We are thankful for Pete's invaluable insight and advice over the many years he has been with the Company and we are sad to see him go. We wish him the very best for his future endeavors," Royal Road CEO Tim Coughlin said in a statement.
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"Liz is very much a known and highly-respected member of the Company and of the wider exploration and mining community. We welcome her to the position of Chair, look forward to her guidance and feel that her appointment is testament to the Company's commitment to innovation in the role of sustainability and responsible exploration and mining," he added.
Wall joined the company as a non-executive director in May 2019 before taking on the role of executive director sustainability in August 2020. Before joining Royal Road, she has worked in multiple organizations including Rio Tinto and the International Finance Corporation (World Bank Group) and also established a successful consulting business Shared Resources Pty Ltd.
"I was a co-founder of Royal Road and feel proud to have assisted the Company as it seized some compelling opportunities, navigated some significant challenges and flourished into the promising, well-regarded and dynamic organization it now is," Mullens said in a statement.
"I would like to thank Tim and his entire team, our shareholders and our financial services teams for their confidence, perseverance and dedication. I now have some significant professional commitments in the Australian time zone and so, it is with regret that I must tender my resignation. I am confident that Liz will more than fulfill the requirements of the role and I look forward to sharing in the company's success as it advances its exciting projects in Colombia and Nicaragua," he added.
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