Kingston Resources Limited announced the appointment of Anthony Wehby to the position of Non-Executive Chairman. The company reported that the outgoing chairman, Jonathan Davis for his stewardship of the company since December 2012. Mr. Wehby is currently Non-Executive Chairman of Aurelia Metals Limited. He is also a director of Royal Rehab and was previously Chairman of Tellus Resources Limited and a director of Harmony Gold (Aust) Pty Ltd. Mr. Andrew Corbett has been appointed as Managing Director and CEO of the company. Mr. Corbett has senior corporate, operational and mine management experience combined with an in-depth
understanding of global equity markets, business development and corporate strategy within the mining sector. His prior roles include General Manager at Orica Mining Services based in Germany and Portfolio Manager of the Global Resource Fund at Perpetual Investments as well as mine management and operations roles with contractor and owner-mined mining operations. Mr. Andrew Paterson was appointed as Chief Geological Officer on 3 June 2016. Mr. Andrew has held corporate, exploration and operational roles in the gold, nickel sulphide and iron ore industries with companies including Atlas Iron Ltd, Focus Minerals Ltd. and Harmony Gold.
Mr. Stuart Rechner has resigned as Executive Director and now assumes a Non-Executive Director role. Rechner has played an instrumental role since February 2015 as Executive Director of Kingston Resources in managing the company through a difficult period for mineral exploration globally. Mr. Yafeng Cai continues as Non-Executive Director of Kingston Resources. Mr. Cai is a CPA and has been the CFO of Yucai Australia Pty Ltd. (Yucai) since 2010. Yucai is current a significant investor in the Company and is ultimately controlled by Soaraway Development. Mr. Cai has a broad range of corporate and commercial experience in the resources industry.