Source - Alliance News

Keras Resources PLC - Surrey, England-based mine developer focused on West Africa and the US - Says Chief Executive Officer Graham Stacey has resigned with immediate effect for family reasons. Non-Executive Chair Russell Lamming will take an interim executive role until a suitable replacement is found. Stacey will work in a consulting capacity ‘to ensure a smooth handover’.

Chair Russell Lamming said: ‘I would like to thank Graham for his significant contributions to the company both in his initial role as a COO and his recent CEO role. He has been pivotal in the development of our 100% subsidiary, Falcon Isle Resources and has overseen the development of the standalone, wholly owned processing facility in Delta, Utah and the key joint venture with Phosul LLC. We wish him well with his future endeavours.’

Current stock price: flat at 2.10 pence

12-month change: down 32%

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