Perseus Mining Appoints Rick Menell to the Role of Independent, Non-Executive Chairman
1
PERSEUSMINING.COM
PERSEUS MINING APPOINTS RICK MENELL TO THE ROLE OF
INDEPENDENT, NON-EXECUTIVE CHAIRMAN
Perth, Western Australia/ August 30, 2024/Perseus Mining Limited (ASX/TSX:PRU) is pleased to advise that of
the Company’s Board of Directors has unanimously voted to appoint Mr. Rick Menell to the role of
independent, non-executive Chairman of the Board, with immediate effect. Mr. Menell will replace the interim
Executive Chairman, Mr. Jeff Quartermaine, who will resume his former role of Managing Director and Chief
Executive Officer of Perseus.
Perseus’s Managing Director and Chief Executive Officer, Jeff Quartermaine, said:
“We were very pleased in May of this year, when Rick Menell accepted our invitation to become a member of
the Board of Perseus, following a wide search for an eminent future leader of the Company.
Rick has a deep understanding of the people and the mining industry on the African continent through a variety
of family investments, as well as senior roles with leading S outh African corporates and nonprofit -sector
enterprises and as a result, is perfectly suited to lead a growing, African focussed company like Perseus, that has
ambitions to become a leader of the gold mining industry on the continent.
After a period of familiari sation with our operations, Board, management and staff, Rick has now agreed to
assume the role of non -executive, independent Chair. This move, which is consistent with the requirements of
Perseus’s Board Charter, was foreshadowed at the time of my elevation to the role of interim Executive Chairman
in November 2023 and enables me to resume my former role of Managing Director and Chief Executive Officer
of the Company.
We are delighted with this smooth transition of leadership, and along with our managers and employees, are
all looking forward to working closely as a cohesive team under Rick’s leadership to help guide Perseus through
its next exciting phase of growth and to establishing the Company within the upper echelons of the global gold
industry.”
ASX/TSX CODE: PRU
CAPITAL STRUCTURE:
Ordinary shares: 1,375,724,780
Performance rights: 7,568,145
REGISTERED OFFICE:
Level 2
437 Roberts Road
Subiaco WA 6008
Telephone: +61 8 6144 1700
www.perseusmining.com
DIRECTORS:
Mr Jeff Quartermaine
Chairman & CEO
Ms Amber Banfield
Non-Executive Director
Ms Elissa Cornelius
Non-Executive Director
Mr Dan Lougher
Non-Executive Director
Mr John McGloin
Non-Executive Director
Mr Rick Menell
Non-Executive Director
CONTACTS:
Jeff Quartermaine
Managing Director & CEO
Stephen Forman
Investor Relations
+61 484 036 681
Nathan Ryan
Corporate Relations
+61 420 582 887
NEWS RELEASE
30 AUGUST 2024