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Nickel development company African Eagle has announced that, by mutual consent, Trevor Moss will step down both as CEO and from the board of the company effective 28 June.

The company pointed out that its board does not intend to seek a permanent replacement CEO at this time.

Moss’ departure follows recent announcements by African Eagle that it has suspended all activity on the Dutwa project, funding of its Tanzanian subsidiaries, and has taken action to minimise operational costs going forward. The company is currently seeking a purchaser for all or part of its Tanzanian assets.

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