Kingwest Resources Limited (ASX: KWR) has appointed highly experienced executive Gregory Bittar to the role of Non-Executive Chairman, effective as of July 1, 2021.
Mr Bittar has extensive experience in public and private markets mergers and acquisitions, capital markets and strategic advisory assignments across a range of sectors including general industries, metals and mining, mining services and energy.
He has worked for Bankers Trust, Baring Brothers Burrows and with Morgan Stanley in London, Melbourne and Sydney. Mr Bittar is currently a Non-Executive Director of Horizon Oil Limited and previously held the position of Chairman for ASX listed mining companies Trek Metals and Millennium Minerals.
Mr Bittar holds a Master of Finance from the London Business School, a Bachelor of Economics and a Bachelor of Laws (Hons) from the University of Sydney.
He replaces Adrian Byass as Chairman with Mr Byass remaining a Non- Executive Director of the company. Mr Stephen Brockhurst will resign as Non- Executive Director but remain as Company Secretary.
Kingwest recently announced the results of a positive scoping study at is Menzies gold project in Western Australia and has recently completed a capital raising with the support of Corporate Advisor, Peloton Capital. Funds raised are already being deployed with extensional RC drilling at Menzies having commenced.
The Kingwest Board stated it is pleased to have Mr Bittar’s input and assistance as the company progresses the 100%-owned Menzies Gold Project towards production and continues exploration of the Goongarrie Gold Project.
Recent drilling success at Goongarrie supports Kingwest belief that this project has the potential to support a major gold discovery.
For more information visit https://www.kingwestresources.com.au/
