Kolar GoldLtd. will appoint Cameron Parry CEO and executive director, it saidJuly 12.
Luke Cairns will also be appointed executive director.
Parry is currently a nonexecutive director of , which is subscribingfor £200,000 of shares in the company's £900,000 capital raising.
The company is offering 81,818,182 new ordinary shares at1.1 pence per share.
Onzima Ventures PLC, of which Cairns is a nonexecutivedirector, will subscribe for £30,000 of shares.
Kolar's previous CEO, Nick Spencer, in December 2015.