IN BRIEF: Lexington Gold promotes Mark Greenwood to CEO

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Lexington Gold Ltd - gold exploration and development in South Africa and US - Announces that former non-executive director Mark Greenwood has been promoted to the role of chief executive officer. Bernard Olivier moves from the role of CEO to chief operating officer and will lead the firm's technical and operational development. The two will continue to work closely together under the revised organisational structure, Lexington Gold says. CEO Mark Greenwood says: "I am delighted to assume the role of CEO and to continue working closely with Bernard, [Chair] Ed [Nealon] and the wider Lexington Gold team. Bernard and I already work in tandem, and the revised structure provides a clear and complementary division of our respective responsibilities as we continue to pursue the group's devleopment."

Current stock price: 2.30 pence each, marginally lower on Monday afternoon in London

12-month change: down 40%

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