- Krakatoa Resources (KTA) has appointed Mark Major as its new CEO and has completed a $2.1 million placement
- Mark is a qualified geologist with over 25 years of experience in the resource industry
- Over the last 17 years, he has held senior management roles in junior and mid-tier resource companies
- The company has completed its $2.1 million placement, which will used to advance its gold projects
- Under the raise, Krakatoa issued 25 million shares at an issue price of 8.5 cents per share
- On the market this afternoon, Krakatoa is up 5.32 per cent and is trading for 9.9 cents per share
