03:45 PM EST, 11/13/2024 (MT Newswires) -- Euro Manganese ( EMNAF ) said late Wednesday afternoon chief financial officer Martina Blahova will serve as interim chief executive officer, effective Tuesday.

She replaces Matthew James, who resigned as CEO. The board will now begin searching for a permanent replacement, the company said.

Blahova joined Euro Manganese ( EMNAF ) in 2018 as corporate controller and has been acting as CFO since January 2020. Dean Larocque has named new CFO as Blahova makes the transition, the company added.

"Over the past six years, Martina has been an integral part of the growth of our business and a driving force behind many of our key strategic milestones at Euro Manganese ( EMNAF ). The board is confident that, as interim chief executive officer, she has the breadth of experience and knowledge to navigate current market conditions, and we look forward to her continued guidance and leadership as we undertake our search for a replacement," Board Chairman John Webster said.

The company's shares were last seen down $0.005 to $0.055 on the TSX Venture Exchange.