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Elks Quits Moreton Board

Filed under Breaking News, Business, Latest News

Moreton Resources executive chairman Jason Elks

July 26, 2019

Jason Elks has resigned from the Board of Moreton Resources – the company hoping to build a coal mine near Kingaroy – after six years with the miner.

The announcement was made to the ASX on July 22.

He will formally step down on July 29 but will remain as a technical adviser.

Mr Elks’ role as chairman has been taken over by Gary Harradine, who was appointed a Director in February.

Two new Directors have also been appointed: Brett Garland, a former general manager (resource development) at New Hope Corporation and executive vice-president at Macarthur Coal; and lawyer Robin Lonergan, who has 35 years’ experience in contract and corporate law, including joint ventures, mergers and acquisitions.

In the statement to the ASX, Mr Harradine thanked Mr Elks “for his leadership and substantial contributions over a period of time that saw the company reposition itself into high-valued metal and coal assets”.

“Under Mr Elks’ leadership the company is now well-placed to not only expand its silver metals business but also develop its metalliferous and thermal coal assets across Queensland,” Mr Harradine said.

On Thursday, Moreton Resources requested a trading halt until Monday (July 29) pending the release of an announcement to the market.

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