Magnum Mining & Exploration Limited Announces Board Changes

Strategic Insights -

Magnum Mining & Exploration Limited, a mining company listed on the Australian Securities Exchange, has made significant changes to its Board, effective from Tuesday, July 15, 2025. The company has appointed Michael Davy as Non-Executive Director and Non-Executive Chairman, and Mark Pryn as Company Secretary, while Luke Martino and John O'Gorman will step down from their respective roles.

The appointment of Michael Davy brings extensive experience in finance and leadership to the company's Board. With 20 years of experience across various industries, Davy has a strong track record of helping shape commercial success in private businesses and listed companies. His appointment as Non-Executive Chairman is expected to provide valuable guidance and oversight to the company's strategy and development.

Mark Pryn, the newly appointed Company Secretary, brings over 25 years of experience in finance and governance, including CFO and Company Secretary roles in listed entities. Pryn's expertise will be instrumental in ensuring the company's compliance with regulatory requirements and maintaining effective governance practices.

The company also wishes to express its gratitude to Luke Martino and John O'Gorman for their contributions during their tenure. Martino's guidance and Martino's diligence and attention to detail will be missed. Both resignations are effective from Tuesday, July 15, 2025.

Key Takeaways:

  • Michael Davy, a 20-year finance and leadership veteran, joins Magnum Mining & Exploration as Non-Executive Director and Non-Executive Chairman.
  • Davy has held directorships in several ASX-listed companies, including Raiden Resources Limited, Haranga Resources Ltd, and Arcadia Minerals Ltd.
  • Mark Pryn, a seasoned finance and governance executive, becomes the Company Secretary, bringing over 25 years of experience in CFO and Company Secretary roles.
  • Luke Martino and John O'Gorman step down from their respective roles and will be replaced by the new appointments.
  • Michael Davy has already held directorships in several ASX-listed companies and has been closely involved in private businesses.
  • The company's Board changes are effective from Tuesday, July 15, 2025.

Statistics:

  • 20 years of experience in finance and leadership for Michael Davy.
  • 25 years of experience in finance and governance for Mark Pryn.
  • 5 years of experience in private businesses for Michael Davy.
  • 2025: The year in which the company makes significant changes to its Board.

Sources:

  • Magnum Mining & Exploration Limited (ASX:MGU) announcement dated Tuesday, July 15, 2025