Thunderbird Faces Board Shakeup as Robin Wilson Steps Down

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

  • Scott Funston joins Thunderbird Resources Board as Non-Executive Director
  • Funston brings 22+ years of mining and accounting experience
  • Former CFO roles include Avanco Resources and Challenger Gold
  • Robin Wilson resigns from the Board but continues as consultant
  • Appointment adds depth amid Thunderbird’s ongoing development phase
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Board Refresh at Thunderbird Resources

Thunderbird Resources Limited (ASX – THB) has announced a significant update to its board composition with the appointment of Scott Funston as a Non-Executive Director. Funston’s arrival marks a strategic move to bolster the company’s leadership with seasoned expertise in mining operations and finance.

Funston is a Chartered Accountant with more than 22 years of experience spanning the full mining lifecycle, from project acquisition and exploration through to financing, construction, and operations. His extensive background includes executive roles at multiple ASX-listed companies, operating across diverse geographies such as Australia, South America, Asia, the USA, and Africa.

A Proven Track Record in Mining Finance

Notably, Funston served as CFO of Avanco Resources Limited for 12 years, where he played a pivotal role in the development and eventual sale of the Antas and Pedra Branca copper projects in Brazil to Oz Minerals Limited for $418 million in 2018. More recently, he has held CFO positions at Challenger Gold Limited and Wia Gold Limited, both companies advancing large gold resource projects through financing and development stages.

His appointment is expected to add considerable depth to Thunderbird’s board, supporting the company’s ambitions as it navigates the complex phases of resource development and capital raising.

Departure of Robin Wilson

Concurrent with Funston’s appointment, Robin Wilson has resigned from the board, effective immediately. Wilson’s four-year tenure included significant contributions to Thunderbird’s growth, and while stepping down as director, he will continue to provide consultancy support to the company. This continuity may help ease the transition and maintain strategic momentum.

Thunderbird’s Executive Chairman Mike Haynes expressed gratitude for Wilson’s service and wished him success in his future endeavors, signaling a respectful and amicable board transition.

Looking Ahead

The board refresh comes at a critical time for Thunderbird Resources as it advances its exploration and development projects. The addition of a director with Funston’s financial acumen and international mining experience could prove instrumental in navigating upcoming challenges and opportunities.

Bottom Line?

Thunderbird’s board reshuffle signals a strategic push to leverage deep industry expertise as it advances its resource projects.

Questions in the middle?

  • How will Scott Funston’s experience influence Thunderbird’s upcoming financing strategies?
  • What are the implications of Robin Wilson’s resignation for board dynamics and company direction?
  • Will Thunderbird announce new strategic initiatives following this board change?