Neo Energy Metals (LSE:NEO) has suspended its chief financial officer, De Wet Schutte, while the board investigates alleged misconduct and has appointed Martin Westerman to oversee the company's financial function from immediate effect.
The company said the allegation is not in respect of any financial mismanagement, impropriety or wrongdoing and that its financial position has not been impacted, and added the board remains committed to the highest standards of governance and integrity.
Neo Energy Metals is a uranium and gold development company focused on South Africa.
