HomeFinTechPeak Resources: Appoints new Chair and MD, plus for $4M capital raise

Peak Resources: Appoints new Chair and MD, plus for $4M capital raise

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  • Peak Resources (PEK) has appointed Tony Pearson as Chair and Bardin Davis as Managing Director and CEO
  • Mr Pearson has held a non-executive position with the company for the past two years and has over 20 years of experience in leadership roles
  • Mr Davis also has nearly two decades of experience – most of which spent in the mining and energy sectors
  • Bardin’s appointment set to support the development of Peak’s Ngualla Rare Earth deposit in Tanzania
  • Additionally, Peak hopes to raise $4 million through a placement and share purchase plan to maintain its financial position and support working capital
  • Peak Resources is up at 3 per cent and is currently trading for 3.4 cents
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