Catalyst Metals Ltd (ASX:CYL) has appointed experienced businessman David Jones AM as non-executive chairman replacing long-serving non-executive chairman Steve Boston who stepped down in August this year.
This appointment concludes the first phase of the company’s evolution post the consolidation of the Plutonic Gold Belt in Western Australia earlier in the year.
Jones brings a unique set of skills that will support the recently announced new Catalyst management team.
“First phase of evolution”
Catalyst’s MD & CEO James Champion de Crespigny said: “Following last week’s announcement of our new senior management team, David’s appointment as chairman of the board completes this first phase of our evolution after the Plutonic Belt acquisitions earlier this year.
"We’re focused on driving performance across our assets. As we seek to do this, to have the support of someone of David’s calibre, along with the experience of our new management team, I hope gives our shareholders and employees comfort on the path we have chosen for the company’s next chapter.
"No company was built in a day. And no company was built without a team.”
Worked with high-growth companies
Jones has a background in working with high-growth companies, mainly with unlisted businesses through his involvement in the private equity industry.
He has been on the Investment Committee of EMR Capital, a resources-focused private equity firm, since 2012.
Catalyst’s long-serving technical director Bruce Kay said: “As a board, we’re delighted to have David join us to help take the board and operating platform to the next level.
"We are focused on building out our operations, in particular the recent Plutonic Gold Belt acquisitions.
"David has spent his career backing such businesses as they expand and develop.”
“Exciting time for business”
The newly appointed director said: “I’m delighted to be joining Catalyst at an exciting time for the business.
“The consolidation of the Plutonic Gold Belt by the Catalyst team earlier this year changed the company considerably.
“Having spent the majority of my career helping smaller companies transition into larger companies, I hope I am able to assist Catalyst in a similar way,” Jones added.