LONDON - Oscillate Plc (AQSE: MUSH), a company active in the resource sector, has announced the appointment of Robin Jonathan Eckford Birchall as its new Chief Executive Officer. Concurrently, Steve Xerri will transition to the role of Executive Director, both changes effective immediately.
Robin Birchall brings over twenty-five years of experience in the resource industry, having held various positions in financing and management. His previous roles include CEO & Director at Giyani Metals Corp and Executive Chair at Silver Bear Resources. Additionally, Birchall has served as Non-Executive Chairman for companies such as Evolution Energy Minerals Ltd. and Awale Resources Ltd., and was a Non-Executive Director of Helium One Global. His banking experience includes positions at BMO Capital Markets and Canaccord Adams Ltd. Birchall's academic credentials include an MBA from the University of Cape Town.
As part of his compensation, Birchall will receive options equivalent to 2% of the company's current issued share capital, subject to the company's admission to AIM or another Recognised Investment Exchange. These options will have a strike price set at the initial quotation price upon trading commencement on such exchanges. Additionally, he will receive a payment to subscribe for shares equal to 1% of the current share capital upon commencement of trading.
Steve Xerri, in his statement, expressed confidence in Birchall's appointment, citing his industry experience and relevant skill set as crucial for leading Oscillate to its next phase of growth. Xerri also highlighted that Birchall's remuneration is directly linked to the company's success and investor returns.
The announcement states that there is no further information required to be disclosed regarding Robin Birchall under the Aquis Growth Market Access Rulebook, aside from his directorship history over the past five years.
This announcement, which is based on a press release statement, marks a significant leadership change for Oscillate Plc as it aims to advance its strategic objectives in the resource sector.
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