Wia Gold Limited announced the appointment of Mr. Mark Arnesen as a non-executive director of the Company. Mr. Arnesen replaces Mr. Chris van Wijk. Mr. Arnesen is a Chartered Accountant with over 30 years' experience in the international resources industry and extensive expertise in the structuring and negotiation of finance for major resource projects. Mr. Arnesen has held executive roles with Billiton/Gencor, Ashanti Goldfields Company Limited, Equinox Minerals Limited, Gulf Industrials Limited and Nzuri Copper Limited. He has held non-executive director positions with Natasa Mining Limited, Asian Mineral Resources and Centamin Plc. Mr. Arnesen serves as a Member of the South African Institute of Chartered Accountants and holds a Bachelor of Commerce and Bachelor of Accounting. Under the terms of the appointment, which is effective from 30 March 2023, Mr. Arnesen will receive an annual retainer of $36,000 (inclusive of superannuation) and be granted 5,000,000 unlisted options, exercisable at $0.065, expiring 23 March 2027. Mr. Arnesen will also be assisting WIA with its growth and development in particular on the financial
and corporate governance areas as the company continues on its path of exploration success. Mr. van Wijk has informed the Wia directors that owing to the commitment associated with his role as Managing Director of ASX listed Marvel Gold Limited, he has elected to step down as a non-executive director of Wia.