TNG strengthens its board of directors with the appointment of a new director before the development of Mount Peake

Australian resource and minerals processing technology junior TNG (ASX:TNG) has strengthened its board of directors with the appointment of London-based company director Elizabeth Henson.

Ms. Henson brings to TNG more than 35 years of international experience in the areas of corporate governance, business and tax.

She was a senior tax partner at PricewaterhouseCoopers (PwC) in London from 2007 to 2019, during which time she founded the firm’s international wealth division which advises high net worth families and entrepreneurs on tax structuring. with operations and assets in multiple jurisdictions and industries.

While at PwC, Ms. Henson was considered an expert in her field and regularly lectured internationally on relevant topical tax issues.

Qualifications

Ms. Henson holds a Master of Laws (LLM) from the University of London; and a Bachelor of Laws (LLB) and Bachelor of Arts (BA) from Rhodes University in South Africa.

She is currently a non-executive director of ASX and AIM listed Future Metals Plc and AIM listed Alba Mineral Resources Plc.

Its wide business circle in the UK should be of considerable value to TNG’s plans to list on the London Stock Exchange in the future as part of its funding strategy for the development of the Mount Peake project. vanadium-titanium-iron in the Northern Territory.

Board strategy

Ms Henson said her appointment was in line with TNG’s strategy of ensuring the board has a mix of skills, experience and diversity as it moves towards a final investment decision. by the end of the year.

“I believe TNG has the right team in place to become a global critical minerals company. [and] I look forward to working with the board and contributing to the development of Mount Peake,” she said.

Project funding

Last week, TNG announced that it had secured $143,000 in co-funding for exploration at Mount Peake under the Northern Territory Geophysical and Drilling Collaborative Program.

The company plans to drill samples from the feeder zone and lower sections of the Mount Peake gabbro composite intrusive to determine the potential for nickel-copper, chromium and PGE (platinum group elements) mineralization under the existing resource.

TNG has also received project funding from Export Finance Australia, German export credit agency Euler Hermes and numerous domestic and international investment banks.

Sara H. Byrd