Neo Energy Metals has announced the appointment of Andrew Searle as the company’s new chief financial officer (CFO).

The group said the appointment is part of a focus on ensuring the company has the necessary in-house resources to ensure it is able to deliver on its planned development of the Henkries Uranium Project in South Africa, as well as its broader growth strategy in the uranium sector.

Searle has over 30 years' experience in accounting, taxation and financial reporting with UK and European accountancy firms for both publicly listed and private companies across a broad spectrum of industries, including mining companies in Africa.

The position will be a non-board position and Searle, who will be based in the UK, will report to the company’s executive chairman and CEO, Jason Brewer.

Andrew brings tremendous experience not just from the accounting and financial management side but also from a corporate advisory perspective, which will be invaluable for us as we continue to look to grow our business in South Africa's uranium sector and seek to establish Neo as one of Africa's major uranium mine operators and mine development companies,” Brewer said.

“The Neo Team all look forward to working closely with Andrew in the coming months and years with the delivery of our corporate strategy and at the outset to assist in the finalisation of the acquisition of the Beisa North and Beisa South Uranium Projects as well as the two additional mine and project acquisitions that are currently underway.”

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