AEX Gold Appoints Graham Stewart as Chairman
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AEX Gold Inc. has appointed Graham Stewart as Chairman and will start in his new role immediately. He has been a director of the AEX board since 2017.
Graham Stewart has had a highly successful 30-year career in the international oil and gas industry during which he has forged a reputation for generating significant shareholder value. He spent five years as the commercial and finance director at Dana Petroleum between 1997 and 2002 during which time he founded Faroe Petroleum, the company he would ultimately become chief executive of in 2002 and list on AIM in 2003. He subsequently grew Faroe into a highly successful independent full-cycle exploration and production company with growing portfolios in the UK and Norway. Faroe was ultimately sold to DNO in January 2019 for USD800 million. Graham has engineering and business degrees from Heriot Watt and Edinburgh Universities in the UK.
In addition, AEX has engaged Edward Wyvill to undertake AEX’s investor relations activities. Edward Wyvill has a background in corporate strategy and business development, having founded the LJ Partnership in 2009 before going on to work for companies such as Merlin Partners and International Capital. He has a wealth of experience in the natural resources sector and has advised multiple private and public companies on their strategic engagement with the international markets.
“As AEX transitions towards a production and cash flow led business from its original exploration and development focus, it became obvious to me that Graham Stewart’s skill set and experience in growing Faroe Petroleum would be critical in meeting the challenge of scaling AEX’S business and attracting new investors. I am delighted that he has accepted the proposal to step in as chair of the board and am excited to continue working together in my new role as chair of the audit committee,” said George Fowlie, former chairman, of AEX Gold.
“AEX represents a unique opportunity in the mining industry with an advanced development project together with an exciting portfolio of exploration targets. It is already clear to me from my time on the board that both the corporation, and the emerging wider Greenland mining sector, have a very exciting future ahead,” said Graham Stewart, chairman of AEX Gold.
“George Fowlie has done an outstanding job as chairman to date and I am honored and excited to become its new chairman. I look forward to supporting Eldur Olafsson and the rest of the management team as they continue to develop the business to create material stakeholder value,” added Stewart.
“I am delighted that someone of Graham Stewart’s calibre has decided to accept the role of chairman at AEX. His wealth of experience in the extraction industry has been hugely beneficial to AEX over the last two years, and I look forward to working with him closely in his new role as we pursue our ambitious growth plans for AEX together,” said Eldur Olafsson, founder and chief executive officer of AEX Gold.
About AEX Gold
AEX Gold Inc. operates as a metal mining company. The company focuses on the identification, acquisition, exploration, and development of gold properties. AEX Gold develops its projects in Greenland.
To stop by AEX Gold’s website, CLICK HERE
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