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Dual-listed mining firm Eastern Platinum Limited (Eastplats) has restructured its executive team, appointing international mining and manufacturing specialist David Li as chief financial officer (CFO) and corporate secretary to lead the group\u2019s global financial strategy and capital allocation frameworks.<\/p>\n
The announcement, issued Tuesday from Vancouver, confirms that Li will assume immediate oversight of Eastplats\u2019s capital structures and corporate development operations. The company, which maintains a primary listing on the Toronto Stock Exchange and a secondary listing on the JSE, is positioning the executive shift to maximise operational returns.<\/p>\n
Li enters the dual-listed infrastructure at a specific operational turning point, bringing over 20 years of executive experience across corporate operations in Canada, Asia, and the United States. He has previously held CFO or vice president designations across several mineral exploration, mine development, and metal-producing firms, including Sumitomo Metal Mining Canada (SMM), Alderon Iron Ore Corp, Minco Gold, Minco Silver, and Selwyn Chihong Mining.<\/p>\n
Read: Eastplat accused of sterilising community\u2019s mining deposit<\/p>\n
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Eastplats CEO Wanjin Yang emphasised that Li\u2019s background in structural project financing remains a primary driver for the group\u2019s long-term commercial goals: \u201cWe are thrilled to welcome David to our leadership team. His deep expertise in project financing and strategic financial planning will be vital to our efforts to maximise the value of our operations and drive long-term growth.\u201d<\/p>\n
Execution capabilities in project financing<\/p>\n
During his executive tenure at SMM, Li managed the financial framework for the group\u2019s Canadian assets and investments, directly supporting the construction and production of the C\u00f4t\u00e9 Gold project and executing multiple strategic investments in critical metals ventures.<\/p>\n
He holds an MBA from Arizona State University\u2019s Thunderbird School of Global Management, as well as professional designations as a chartered professional accountant in British Columbia and a certified public accountant in Illinois.<\/p>\n
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Commenting on his appointment, Li indicated that his execution framework will focus on stabilising and optimising current financial processes to capture the company\u2019s evolving output momentum.<\/p>\n
\u201cI am excited to join Eastern Platinum at this pivotal point in its production trajectory. I look forward to working with the team to optimise our financial operations and deliver strong value to our stakeholders,\u201d said Li.<\/p>\n
Read: Auditors express doubt that Eastplat can continue as a going concern<\/p>\n
#Eastplat #appoints #David #CFO<\/p>\n","protected":false},"excerpt":{"rendered":"
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