Aranjin Resources Announces Corporate Update and Change in Chief Financial Officer

Rhea-AI Summary

Aranjin Resources (TSXV: ARJN) has announced that its proposed ASX listing is currently on hold until further notice. The company has also undergone a leadership change, with Joe Graziano stepping down as CFO and corporate secretary. He will be replaced by Robert Payment, a CPA, CA with over 16 years of experience in Canadian capital markets. Payment brings expertise in equity financings, financial reporting, and public company administration, having served as CFO for several TSX-V and CSE listed companies across various sectors.

Positive

• Appointment of experienced CFO with 16 years of Canadian capital markets expertise
• New CFO brings specific expertise in equity financings and financial reporting

Negative

• Proposed ASX listing put on hold indefinitely
• Departure of CFO and corporate secretary indicating management instability

Ulaanbaatar, Mongolia--(Newsfile Corp. - November 22, 2024) - Aranjin Resources Ltd. (TSXV: ARJN) (the "Company" or "Aranjin") announces the proposed listing on the ASX is on hold until further notice.

The Company also announces that Joe Graziano has resigned as CFO and corporate secretary to be replaced by Robert Payment. Robert is a CPA, CA with over 16 years of experience in Canadian capital markets. He has expertise in equity financings, financial reporting, and public company administration. Robert has served as Chief Financial Officer and consultant to several companies listed on both the TSX-V and CSE providing services across the natural resource, technology, and retail sectors.

Robert holds a Bachelor of Business Administration (BBA) from Simon Fraser University and is a member in good standing with the Chartered Professional Accountants of British Columbia.

The Board would like to thank Joe for his of service during his tenure and wishes him well in his future endeavours.

On behalf of the Board
Matthew Wood
Chairman
+976 7732 1914

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231146

FAQ

Why did Aranjin Resources (ARJN) put its ASX listing on hold?

The press release does not specify the reason for putting the ASX listing on hold, only stating it is suspended until further notice.

Who is the new CFO of Aranjin Resources (ARJN)?

Robert Payment, a CPA, CA with over 16 years of experience in Canadian capital markets, has been appointed as the new CFO and corporate secretary.

What are Robert Payment's qualifications as Aranjin Resources' (ARJN) new CFO?

Robert Payment is a CPA, CA with a Bachelor of Business Administration from Simon Fraser University, and has over 16 years of experience in Canadian capital markets, including expertise in equity financings and financial reporting.