Kin Mining Chairman Acknowledges Turmoil

CONFERENCE CALLER: Pitching the investment case for Kin Mining (ASX: KIN) at the 2018 RIU Explorers conference in Fremantle, chairman Trevor Dixon briefly alluded to the company’s recent struggles. By Jack Baker

“Kin Mining is currently going through some growing pains with its business and a lot of you may want to know about that,” was all he said on the recent resignation of the company’s former managing director Don Harper.

The Kin Mining board of directors accepted Harper’s resignation and on Tuesday announced a restructure of the board on the company’s website.

“The company is pleased to announce the appointment to the Board of Mr Brian Dawes as non-executive director,” it said in its ASX announcement.

“The company is also seeking to appoint an independent chairperson, and managing director as part of the restructure and is currently in discussions with suitably qualified applicants and subject to due process; the terms and conditions of these appointments will be advised in due course.”

Dixon will continue as chairman in the interim until a new chairperson and managing director can be appointed.