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Black Cat positions for production with new board appointment

1st October 2024

By: Creamer Media Reporter

     

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Gold-focused exploration and development company Black Cat Syndicate has announced the appointment of Davide Bosio to its board as an independent nonexecutive director.

The strategic addition to the board comes as Black Cat transitions from exploration into gold production.

Bosio brings with him a wealth of corporate and market expertise, which Black Cat believes will be instrumental in shaping its corporate strategy during this crucial phase of growth.

Commenting on his appointment, Bosio said he was excited to join the company. “An ability to leverage gold production and to produce high-margin revenue, combined with the strength of Black Cat’s balance sheet, will create a unique, generational opportunity within the gold sector as Black Cat becomes a listed producer. I am extremely excited to join Black Cat in this period of transformation and look forward to making a significant contribution for all shareholders,” he said.

Black Cat chairperson Paul Chapman welcomed Bosio's addition to the team, highlighting his long-standing relationship with the company. “Black Cat is transforming from an explorer into a producer, and Davide’s corporate and market experience will be important for this significant change in our business. Davide is a long-standing shareholder in Black Cat and, within his most recent role at Shaw and Partners, has been a long-term supporter of the company since our initial public offering," said Chapman.

Black Cat is working to restart the Paulsens mine, in the Pilbara, with plans to also restart the Coyote gold operation in west Tanami and the Kal East project, east of Kalgoorlie.

Edited by Creamer Media Reporter

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