Crusader Resources CEO, Chairman to stand down as part of funding deal
Crusader Resources said its chief executive and chairman had agreed to step down as part of a funding proposal involving the Copulos Group. Copulus had agreed to underwrite $2.5m of an up to $4.2m four-for-five rights issue. Chief executive Marcus Engelbrecht and chairman Andrew Vickerman would stand down, with Stephen Copulos becoming chairman and Andrew Richards becoming executive director.
Name: Andrew Vickerman
Continent: Oceania
Country: Australia
Company: Crusader Resources
Position: Chairman
Reason: Resigned
Replaced By: Andrew Richards
Announcement Date: February 21, 2019, 11:00pm
Resignation Date: February 21, 2019, 11:00pm