Capricorn Metals chief executive Paul Criddle has resigned from the company, after an assault charge against him was dismissed in court.
Capricorn Metals chief executive Paul Criddle has resigned from the company, after an assault charge against him was dismissed in court.
In a statement to the ASX after market close today Capricorn revealed Mr Criddle’s charge had been dismissed, and that he would step down to focus on what the company labelled "personal priorities".
Mr Criddle had been on leave since April, pending the resolution of the charges related to an incident in North Fremantle in March.
Long-serving executive chairman Mark Clark will take up the responsibilities of CEO, with the support of the executive team.
Capricorn said it remained open to re-employing Mr Criddle in a senior role when he is ready to resume work, and subject to its employment conditions.
“This would be a positive outcome for both the company and Paul, given the extent of exciting development projects that Capricorn has at both Karlawinda and Mt Gibson,” it wrote.
“Paul is well qualified to make a strong contribution to Capricorn in such a role given his extensive experience and skills in successfully permitting, developing, commissioning and operating gold mines over a long career along with his deep knowledge of, and commitment to, Capricorn’s projects.”
Mr Criddle joined Capricorn as chief operating officer in May 2024 and was promoted to CEO in February this year.
Capricorn produces gold at its Karlawinda mine and is progressing the Mount Gibson gold project.
