Founding Director Mr Paul Burton to step down to focus on TNG and the development of itsworld-class Mount Peake Vanadium-Titanium-Iron Project
Todd River Resources Limited (ASX: TRT; “Todd River” or “the Company”) announces that founding DirectorMr Paul Burton has resigned as a Director of the Company, effective 24 January 2019, due to his growingwork‐load and commitments as Managing Director of strategic metals developer TNG Limited (ASX: TNG).
Mr Burton has advised the Todd River Board that, with his increasing commitments at TNG, he needs to focus100% on the financing and development of the world‐class Mount Peake Vanadium‐Titanium‐Iron Project inthe Northern Territory as it enters a crucial phase this year following several key developments towards theend of last year.
Mr Burton said: “TNG is set for a very busy year ahead as we close‐in on a Final Investment Decision for theCompany’s world‐scale strategic metals project, and it is important that I am able to devote 100% of my timeto its success. I would like to take this opportunity to wish the board and management of Todd Rivercontinued success into the future.”
TNG Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
