Fenix Resources Limited announced key leadership appointments. Experienced finance executive, Mr. Stuart Ausmeier, has been appointed as Chief Financial Officer of the Company. Mr. Stuart Ausmeier has been appointed Chief Financial Officer of Fenix, effective 1 September 2022.

Mr. Ausmeier is a Chartered Accountant and Chartered Financial Analyst with over 20 years' finance experience in mining and finance. Stuart joins Fenix from an ASX- listed global engineering company, where he held senior finance roles and was most recently Group Treasurer. Previously, Stuart worked at global investment bank NM Rothschild & Sons, where he focused on strategic advisory as well as debt and equity capital market transactions across the mining industry.

Mr. Ausmeier's appointment fills the role of Chief Financial Officer on a full-time permanent basis with the role having previously been performed by independent accounting firm, Mila Accounting Group Pty Ltd.