AVL Renews Board Structure
KEY POINTS
• Non-Executive Chairman Brenton Lewis to retire at the November 2020 Annual General
Meeting.
• Cliff Lawrenson appointed as Non-Executive Director and Non-Executive Chairmanelect.
• Appointment adds depth of relevant experience and brings expertise in corporate
strategy and execution of corporate transactions.
• Brenton Lewis applauded for his service to the Company.
Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL”) advises that Non-Executive
Chairman Brenton Lewis plans to retire at the November Annual General Meeting.
Brenton Lewis commented, “After 10 years as a director of AVL it is timely for me to retire. I am very
pleased with the progress that the Company and its experienced team has made with the Australian
Vanadium Project. I have enjoyed my time at AVL and appreciate the support I’ve had as Chairman
from my colleagues and the shareholders. I am confident that the team is of such quality that they
will continue to maintain the necessary drive and focus to bring the Project into production.”
Executive Director Leslie Ingraham commented, “Reflecting back on Mr Lewis’ tenure with the
Company, I realise and appreciate how much of AVL’s identity has been derived from his efforts.
Over the ten years that Brenton has been part of this Company, he has not only been a tower of
strength but also a financial supporter, ensuring the Company’s survival through the tough years.
Furthermore, he has represented the Company with the utmost intelligence and integrity.
Although Brenton will be missed by all, we thank him for his long service and wish him the very best
for his future endeavours.”
As part of the Company’s ongoing board renewal process, AVL is pleased to announce the
appointment of highly regarded and experienced industry professional Mr Cliff Lawrenson as NonExecutive
Director and Non-Executive Chairman-elect. Mr Lawrenson is currently Non-Executive
Chairman of Paladin Energy Ltd (ASX:PDN) and Caspin Resources Limited (ASX:CPN) which is
expected to list shortly. Mr Lawrenson is also Non-Executive Chairman of privately owned Pacific
Energy Limited and Onsite Rental Group.
Mr Lawrenson was Managing Director of Atlas Iron Ltd from 2017 and led the company to its
acquisition by Hancock Prospecting Pty Ltd. Prior to Atlas Iron, Mr Lawrenson was Managing
Director of a number of ASX listed companies in the mining and mining services sectors. Mr
Lawrenson was a senior executive of CMS Energy Corporation in the United States of America and
Singapore and this was preceded by an investment banking career.
Managing Director Vincent Algar commented, “One of AVL’s core strengths is its team of
experienced and specialised professionals. On behalf of the Board I would like to thank Brenton for
the work he has done to steer the Company to its present stage. Cliff brings a new level of corporate
expertise to AVL and the breadth of his contacts, reputation and experience will assist the Company
in working through the final stages of bringing the Australian Vanadium Project into production. We
are looking forward to his leadership and warmly welcome him to the Board and the Company.”
Cliff Lawrenson commented, “I am pleased to be joining the AVL Board and team at this time.
Vanadium is a particularly appealing strategic commodity, with several increasingly relevant
applications. AVL has an excellent mineral resource and a team with the necessary technical rigour
to move forward. The Australian Vanadium Project is at an exciting time in its journey to production
and I am looking forward to supporting the hardworking staff in developing the Project and the
Australian vanadium market.”
Mr Lawrenson joins AVL directors Vincent Algar, Leslie Ingraham and US-based vanadium expert
Daniel Harris who has over 40 years of global vanadium experience including both processing and
operation.
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