Aurumin Ltd (ASX:AUN) has appointed Daniel Raihani as a non-executive director of the company, effective today, as the company looks to reset heading into 2024.
Raihani is the beneficial owner of 7 Enterprises Pty Ltd, which has recently become a substantial shareholder of Aurumin. An accountant and tax professional, Raihani brings a wide range of experience at the executive level in both for-profit and not-for-profits.
Raihani currently has controlling equity positions and directorships in companies involved in real estate sales and management, property development, manufacturing, automotive exports and tax consultancy, with offices in the UAE, Sydney and Hong Kong. He is a member of the Australian Institute of Company Directors (MAICD) and a Justice of the Peace and holds a Bachelor of Business and Diploma of Financial Services.
Raihani is a non-executive director of ASX-listed company FirstAu Ltd.
Aurumin managing director Brad Valiukas said: “We are pleased to have Daniel, with an impressive business background, joining the board of Aurumin, at a time that we are cleaning up our balance sheet and resetting the company for 2024. Daniel has come to us first as a supportive shareholder, and I look forward to working with him going forward.”
The exploration company is focused on two project areas in Western Australia. The first is the Sandstone Gold Operations, which comprises an 881,300 ounce gold mineral resource, significant project infrastructure and an expanding tenement footprint where the company aims to support a gold mining operation in the future. The second is its Southern Cross Operations, where Aurumin’s significant landholding includes two historical high-grade production centres, Mt Dimer and Mt Palmer.