Caruso steps aside as MRC chair
PERTH (miningweekly.com) – ASX-listed Mineral Commodities has told shareholders that executive chairperson Mark Caruso will continue in his role as CEO but will step down as director of the company as he faces charges of aggravated burglary, common assault and unlawful trespass.
The alleged incident occurred while Caruso was assisting a friend in enforcing an abandonment order and a subsequent property seizure and delivery order at a friend’s premises, the company said in a statement.
Caruso has advised Mineral Commodities that he considered himself to be acting with lawful authority and in accordance with all relevant laws, adding that the charges against him would be "vigorously" defended.
Mineral Commodities director David Baker has been appointed as independent nonexecutive chairperson.
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