2 April 2025
Calgary, Alberta – Burgundy Diamond Mines Limited (ASX:BDM) (Burgundy or the Company) advises that Kim Truter, Chief Executive Officer and Managing Director has notified the Board of his intention to retire at the Company’s Annual General Meeting (AGM) on May 27, 2025.
Burgundy Board Chair Michael O’Keeffe stated, “I would like to thank Kim for his years of service as an executive and board member. Kim has been instrumental in the transformation of our organization which positions Burgundy well for the future. In particular, the acquisition and improvement of Ekati, our cornerstone mining asset has been pivotal.”
Kim Truter, noted, “I am appreciative of the opportunity to have been engaged with Burgundy as a board member and executive since 2020. It has been a privilege to be involved during such a defining and essential period, and I look forward to the many successes that lie ahead.”
Jeremy King, a current member of Burgundy’s Board of Directors will be appointed as interim Chief Executive Officer upon Kim’s retirement. “Jeremy is extremely well suited given his years of experience on the Burgundy board, and professionally in numerous executive capacities, and will complement the excellent leadership team we have assembled.
Jeremy and Kim will work together closely until the AGM to ensure a seamless handover”, noted O’Keeffe. A process to select a new Chief Executive Officer has been initiated by the Board of Directors.
Additional information on Burgundy’s Board of Director and Executive team may be accessed via the following link. https://burgundydiamonds.com/leadership/