Jindalee Lithium Limited (ASX:JLL) has announced the appointment of credentialled finance professional, Wayne Zekulich, as Non-Executive Chair, set to begin his tenure as of the 1st of February 2024.
Bringing Experience to the Board
Mr Zekulich has a plethora of experience which he bring to Jindalee through his new role on the board.
He holds a Bachelor of Business Degree and is a Fellow of the Institute of Chartered Accountants, working as a Company Director and finance professional in various Non-Executive Director and Chief Financial Officer roles.
Mr Zekulich is currently the Chairman of Pantoro (ASX: PRN) and a Board member of Western Australian Treasury Corporation.
Figure 1: Picture of Wayne Zekulich
Jindalee believes Mr Zekulich’s appointment, effective as of February 1st, strengthens the board in time for the Company’s significant growth phase towards Pre-Feasibility Study delivery.
As Mr Zekulich steps forward, the Company says farewell to the current Non-Executive Chair, Justin Mannolini, who has served in the position since September 2013.
Jindalee Lithium’s Executive Director, Lindsay Dudfield, paid tribute to Mr Mannolini.
“On behalf of the Board I would like to thank Justin for his outstanding contribution over the past ten years and for his leadership and guidance in helping transform Jindalee to our current strong position, a legacy of which he should be very proud,” he said.
Jindalee Resources Non-Executive Chairman Justin Mannolini said he was delighted Mr Zekulich agreed to join the Jindalee Board as Chair.
“Having regard to Jindalee’s future requirements, it is important that we undertake renewal at both a Board and management level,” he said.
“Wayne’s appointment, alongside new CEO Ian Rodger, provides Jindalee with the experience and expertise it requires to achieve an effective transition from exploration to development of the McDermitt Lithium Project.”
“It has been my great honour to be involved with Jindalee over the past decade as it has transformed from a small Australian-based explorer to the owner of the largest JORC-compliant lithium resource in the United States.”
Mr Zekulich expressed excitement about the opportunity.
“I am looking forward to the continued development of the McDermitt Lithium Project, the largest lithium deposit in the US (by contained lithium in resource), a significant and exciting opportunity for Jindalee,” he said.
“The key focus in the short term is the completion of the Pre-Feasibility Study by Fluor during 2024 to enable future options to be developed for the project.”
JLL’s Australian Stock Exchange-listed share price has risen 19.05% and is currently trading at $1.00 (10.30am UTC+ 8 hours).