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Almasane Alkobra Mining Company (AMAK) announces the end of the Acting CEO term and the appointment of a new CEO.
| Element List | Explanation |
|---|---|
| Introduction | Almasane Alkobra Mining Company (AMAK) announces the end of the acting CEO term Eng.Nihat Soyer where his last working day will be 11/Aug/2024 AD, while continuing to work for the Company as a Mining Manager. The Board of Directors decided on 07/02/1446 AH Corresponding to 11/Aug/2024 AD to appoint Eng. Geoffrey McDonald Day as a CEO of the company starting from 12/Aug/2024 AD and wishing him success in his new position. The Board of Directors extends their sincere thanks and appreciation to Eng.Nihat Soyer for his efforts throughout his work in the company, wishing him continued success. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Eng. Nihat Soyer |
| Resignation Acceptance Date | 2024-08-11 Corresponding to 1446-02-07 |
| Resignation Effective Date | 2024-08-11 Corresponding to 1446-02-07 |
| Reasons for Resignation | End of the Acting Period of the Acting CEO |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Engineer/ Geoffrey McDonald Day |
| Date of Board Resolution | 2024-08-11 Corresponding to 1446-02-07 |
| Date Work Commencement | 2024-08-12 Corresponding to 1446-02-08 |
| Brief Resume | Engineer Geoffrey McDonald Day, an Australian national, is a geochemist with over 35 years of experience in the mining industry worldwide. His expertise encompasses all phases of mining, starting from exploration, through all mining and processing operations, and technical services, to mine closure and rehabilitation. Additionally, he has extensive experience in mergers, acquisitions, and external affairs. Engineer Geoffrey has worked in various regions around the world, including Australia, Papua New Guinea, Indonesia, North America, South America, Africa, and Europe. He holds a Bachelor of Applied Science and Master of Applied Science in Geochemistry from Deakin and Monash Universities and has undertaken postgraduate studies in Geology and Geophysics at the University of California, Berkeley. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 69.5
Net Change 0.6 (+0.87%)
Value Traded (Sar) 30,677,576
Volume Traded 443,348
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