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Australian Vanadium appoints Jo Gaines as non-executive director as TMT merger is implemented

Published 01/02/2024, 01:50 pm
Updated 01/02/2024, 02:00 pm
© Reuters.  Australian Vanadium appoints Jo Gaines as non-executive director as TMT merger is implemented

Australian Vanadium Ltd (ASX:AVL, OTCQB:ATVVF) has appointed Jo Gaines to its board as a non-executive director.

The appointment follows last September’s proposed merger between Australian Vanadium and Technology Metals Australia Ltd (ASX:TMT, OTC:TMAUF), which has now been implemented, with Australian Vanadium acquiring 100% of the shares in TMT.

In line with the merger arrangements, Gaines — being a director of Technology Metals Australia — would be appointed as a non-executive director of AVL on implementation of the scheme.

With the scheme now implemented, Gaines has been appointed a non-executive director with effect from today.

“I am excited to be joining the board of AVL. As the world explores new energy technology solutions to deliver a clean energy future, vanadium and vanadium battery technology will play a growing and important role," Gaines said.

"I look forward to being part of the AVL team as we progress the development of the integrated vanadium project following the merger with TMT.”

Invaluable experience

Gaines was previously the deputy chief of staff to the Premier of Western Australia, a role in which she was a leader in significant policy development affecting the economic and social fabric of the state.

She brings extensive experience in stakeholder engagement, including across all levels of government and within the private sector, to drive reforms in a diverse range of fields including training and job creation, contracting and procurement, climate change, child protection and health.

Gaines holds a Bachelor of Arts from the University of Western Australia, a Post Graduate Diploma in Occupational Health and Safety from Curtin University and is a graduate of the Australian Institute of Company Directors.

She is currently chair of the Government Employees Superannuation Board, a non-executive director of DevelopmentWA, a non-executive director of Chalice Mining Ltd (ASX:CHN, OTCQB:CGMLF), board member of CinefestOZ and executive director of Gaines Advisory Pty Ltd.

Australian Vanadium chair Cliff Lawrenson said: “We extend a warm welcome to Jo at this important point in the development of our integrated vanadium project, following the successful merger.

"Jo’s experience in working with both state and federal governments will be invaluable to the company as we continue to progress approvals and financing of the project.

“In the critical minerals space, we increasingly see the need for strong strategic relationships with various government bodies, especially when one considers the national interest as part of the value proposition. Jo holds a range of skills and deep experience in dealing with various stakeholders and her background will provide an important contribution to the board’s skillset.”

Read more on Proactive Investors AU

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