Forte Energy (ASX: FTE, LON:FTE) has reported the key management appointment of Brad George as Chief Operating Officer. George is a qualified geoscientist with over 20 years extensive global mining industry knowledge.
Forte Energy said the appointment will support the growth of the company, its strategy and expanding uranium portfolio in Mauritania and Guinea.
George specialises in mineral project exploration and development programmes. He has worked for a number of exploration and development companies in Africa, Australia and China.
In addition, George has been the mining and metals analyst for the investment banking arm of London financial services firm Matrix Group since 2007.
Upon his appointment to the company, George will be granted one million options exercisable within three years at an exercise price of six pence each. A further two million options exercisable within three years at 10p will be granted after the successful completion of a trial period of one year.
Mark Reilly, managing director, said, “Brad is an important addition to Forte Energy’s team and I am delighted to welcome him to the management team. His extensive industry and business expertise will be invaluable in Forte’s ongoing development."
“Brad’s appointment comes at a significant time for the company following the recent initial JORC compliant resource at Bir En Nar, the promising drilling results at the new anomaly A238 in Mauritania, as well as our advanced Firawa project in Guinea which we will be shortly moving to the feasibility stages," Reilly added.
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