Australian Gold and Copper Ltd (ASX: AGC) is pleased to advise the appointment of new key management personnel and mining financial executive Mr. Rowan Caren as Chief Financial Officer (CFO) and Company Secretary (CoSec), effective immediately.
This appointment aligns with the Company’s strategy of advancing and leveraging its silver gold and base-metal portfolio at the South Cobar Project, NSW.
Mr. Caren brings over 30 years of experience as a CFO and CoSec in the exploration and mining industry, focused on strategy, development and execution within Australia and Southeast Asia. Mr. Caren has a strong background in finance, corporate strategy, capital markets, company secretarial services and governance.
Notably, Mr. Caren served as the Executive Finance Director and Company Secretary of Mallee Resources Limited, where they advanced the historic Bawdwin mine in Myanmar, one of the world’s highest-grade silver and basemetal deposits. He was later instrumental in navigating the country exit after the military coup including the successful sale of the asset.
Mallee then acquired the Avebury Nickel mine in Tasmania and successfully recapitalised, refurbished and brought the mine back into production.
Mr. Caren holds a Bachelor of Commerce from University of Western Australia and is a member of the institute of Chartered Accountants Australia and New Zealand.
Perth-based corporate advisory firm, Consilium Corporate Pty Ltd, has been providing CFO and company secretarial roles to AGC under a services agreement since 2020.
Consilium’s agreement terminates on 2 December 2025, but will continue to assist Mr. Caren with these roles during the transition period.
Under these arrangements Ms. Andrea Betti has resigned as CFO/Company Secretary effective immediately, whilst Mr. Damon Cox will continue as Joint Company Secretary until 2 December 2025.
In addition, Mr. Caren is now the person responsible for communications with the ASX (as required by Listing Rule 12.6).
Managing Director, Glen Diemar, said: “We are very pleased to have attracted Rowan to the AGC executive team. He has extensive experience as an Australian mining & finance executive with unique background in silver and base-metal projects.
We are focused on the significant growth of our silver and gold portfolio and unlocking its value through continued exploration, resource inventory growth, and further acquisitions.
We value Rowan’s experience gained from advancing and navigating the difficulties encountered with the Bawdwin silver base-metal mine and the recapitalisation and redevelopment of the Avebury nickel mine. AGC’s portfolio will benefit from Rowan’s involvement by guiding us to unlock significant value for shareholders.
I would like to thank Consilium for their foundational efforts over the last five years which have contributed to AGC being the strong, early stage discoverer and explorer it is today.”
For enquires:
Glen Diemar
Managing Director
Australian Gold and Copper Limited
+61 434 827 965
gdiemar@austgoldcopper.com.au
www.austgoldcopper.com.au
