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Murchison Metals Limited (ASX:MMX) has announced significant changes to the board following the Mitsubishi transaction.
The company finalised the sale of its assets last month for $325 million.
Ian Burvill and SC Shin will replace five non-executive directors. Murchison Metals chairman Ken Scott-Mackenzie says the departing directors were instrumental in the transaction.
In the 2011 financial year Murchison booked a net loss of $16.5 million.
