Regener8 Resources NL - Stephen Foley to step down as managing director and CEO

Regener8 Resources NL (ASX:R8R) has announced that Stephen Foley, the company’s Managing Director and CEO, will step down from his role. Foley has led the company since November 2021 and has been instrumental in advancing exploration projects across the portfolio, including the Kookynie Gold Project and the North Achilles Project in New South Wales.

Foley’s tenure has seen the company undertake significant exploration activities, including airborne geophysical surveys, auger soil sampling, and the acquisition of new projects such as the Srebrenica North Project in Bosnia and Herzegovina. During his leadership, Regener8 has focused on expanding its exploration footprint and identifying new opportunities in gold, copper, and critical minerals.

The company has not yet disclosed a timeline for the transition or the identity of Foley’s successor. A search for a new managing director is expected to commence in the coming months. In the interim, the board will oversee the company’s operations and strategic direction.

Foley’s compensation during his tenure has been in line with industry standards for companies of similar size, with total compensation reaching AU$203,628 as of June 2025. The board has expressed gratitude for his contributions and leadership during a period of exploration and growth.

Regener8 Resources NL will provide further updates on the transition process as developments occur. Investors are advised to monitor the company’s official announcements for additional details.