Graphene Manufacturing Group Ltd (TSX-V:GMG, OTC:GMGMF) (GMG) has announced the appointment of chartered accountant Frederick Kotzee as its chief financial officer, effective 25 July, 2022.
Kotzee joins GMG as an experienced CFO, having worked with a number of resource and industrial-related companies in Australia and South Africa, the clean technology company said.
"I'm looking forward to Frederick's contributions to a wide range of finance and business areas to support GMG's ongoing development,” GMG CEO Craig Nicol said in a statement.
“Frederick's running of the multi-faceted elements of the finance function, and helping to lead the organisation's growth, will be key in the next steps for the company," he added.
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Kotzee has more than 20 years of public company experience, leading financial operations and strategic planning for multinational companies, including the Anglo American Group, Anglo Platinum and Kumba Iron Ore Limited, a company listed on the Johannesburg Stock Exchange, GMG noted.
Kotzee was also the CFO of the Australia-listed Kidman Resources Limited, a lithium project developer, where he successfully secured financing and offtake agreements with large battery purchasing companies as well as supporting the company's ultimate acquisition by Wesfarmers Limited for more than $750 million.
GMG chair Guy Outen said: "I'm delighted to welcome Frederick to GMG. He's a leader with a broad range of finance and general business capabilities and experiences. His past CFO successes in listed company reporting, debt and equity financings, along with the wide range of finance responsibilities will be great assets as will his broader experiences in operations and commercial agreements in supporting GMG's significant aspirations."
GMG, a clean-technology company, has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean technology and other applications.
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