re: Ann: Mine Gate Sale of Spinifex Ridge Iro... "Future Board changes
In early April 2013, Moly Mines Limited (Moly Mines or Company) announced that agreement had been reached with its major shareholder Hanlong Mining Investment Pty Ltd (Hanlong) to a progressive replacement of the Company’s three independent directors with three new independent directors. The new directors are planned to be appointed during the six months’ period following the Company’s AGM on 31 May 2013. An international recruitment firm has been engaged to nominate candidates for selection by the full Board. Mr. David Nixon will retire at the AGM.
Also at the AGM it will be proposed that Hanlong nominee Mr. Liu Han be replaced with his current alternate Mr. Nelson Chen."
From the quarterly just gone.
Might breathe some life into the company imo.
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