Boss Energy enhances investment credentials with new board appointments

Boss Energy (ASX: BOE) has appointed finance and law executives Joanne Palmer and Caroline Keats as non-executive directors to help bolster its board and further enhance the company’s investment credentials as it continues to grow production and cash flow.

Ms Palmer is a former partner at international accounting firm EY and led the financial accounting advisory services team in Perth in the areas of external audits, technical accounting, regulatory advice and finance support.

She is a former executive director of Pitcher Partners, a former non-executive director of Paladin Energy (ASX: PDN) and currently serves as a non-executive director of Karoon Energy (ASX KAR), St Barbara (ASX: SBM) and New Murchison Gold (ASX: NMG).

Corporate experience

Ms Keats has 20 years of corporate and commercial experience in various executive roles.

For nearly 15 years, she held various roles in the mining industry in Australia and overseas for companies including Paladin Energy, where she managed the group’s legal function when it was securing financing and sales agreements for the supply of uranium from its second mine in Africa.

Prior to these roles, Ms Keats worked for a top-tier national law firm as well as a boutique mining law firm.

Evolving needs

Boss chair Wyatt Buck said Ms Palmer and Ms Keats would bring immense experience and invaluable commercial and corporate knowledge to the board.

“Boss has undergone a transition from project developer to uranium producer and the appointments of these directors reflect the company’s evolving needs, circumstances and outlook,” he said.

“Joanne and Caroline bring the skills, experience and counsel which are vital in ensuring we meet the expectations placed upon us as we grow into a global uranium producer and international investment destination.”

Board retirement

Non-executive director Bryn Jones has retired from the Boss board after a four-year appointment.

Mr Jones started with the company in 2016 as a consultant to the Honeymoon pre-feasibility study and went on to lead a series of technical optimisation studies from the revision of wellfield design plans to the incorporation of NIMCIX columns for operational efficiency.

In mid-2021, he delivered an enhanced feasibility study demonstrating that the existing low-cost plant and mine in a Tier 1 location left Boss in an excellent position to capitalise on a strengthening uranium market.

Pivotal role

Mr Buck thanked Mr Jones for the pivotal role he had played in helping to drive the Honeymoon restart.

“Bryn is extremely talented in what is a highly specialised field and his technical skills and experience in uranium production were central to devising and executing our re-start strategy,” he said.

“On behalf of the board, I wish him all the best as he applies his extensive knowledge to future scientific and commercial pursuits.”