Tiger Resources said Sampson resigned as member of the board on 24 February 2017, after joining Tiger Resources as MD and CEO on 6 February 2017.
Sampson will continue to fulfil the CEO role on a contract basis, reporting to the board and providing key executive leadership to Tiger Resources.
Chairman Mark Connelly said: “My fellow directors and I commend the decisive actions Brad has instigated to date and are supportive of his decision to step down from the board at this time. We appreciate his commitment to focus on the CEO role to provide key leadership to Tiger.”
Tiger Resources said the terms of Sampson’s CEO contract are still being finalised. When Sampson was appointed, Connelly said Sampson’s African experience, mining production background and leadership roles, including his experience of change management, make him an excellent CEO for Tiger Resources while the company is consolidating the Kipoi mining operations’ performance in challenging circumstances.
Tiger Resources recently said it is experiencing cash flow pressures due to tank and heap leach under-performance and other operational interruptions at its Kipoi copper project.
Sampson appointed in February 2017
Tiger Resources appointed Brad Sampson, a mining engineer with experience of change management, as CEO and MD of the company in mid-Feburary.
With this appointment, current CEO and MD Michael Griffiths remained on the board as a non-executive director to facilitate a smooth transition in management.
Sampson has more than 25 years of resources industry experience across numerous locations, including West and Southern Africa. In addition to significant mine development and operating experience, he has also listed company governance experience across multiple international jurisdictions. Sampson has held leadership roles covering the entire cycle of exploration, development, construction, operations and closure.
“The board thanks Mike Griffiths for his services as CEO. Mike will provide continuity in his non-executive director capacity, a role that he first took on in 2012,” Connelly said.
Tiger Resources said in January this year that it achieved production of 23 119 t of copper cathode at Kipoi during 2016.