Challenger Gold Completes A$85M Equity Raise and Management Changes
Key points
- A$85M equity raise completed, including placements to Mr. Marrone and affiliates of Eduardo Elsztain
- Peter Marrone appointed as Non-Executive Chairman
- Yohann Bouchard appointed as Chief Operating Officer
- Felipe Riquelme appointed as Chief Financial Officer
- Kris Knauer retires as CEO and Director
Full summary
Challenger Gold Limited (ASX: CEL) has successfully completed its A$85 million capital raise and announced key management appointments. The capital raise included a placement of A$10.0 million to Mr. Peter Marrone and other lead investors, and a A$5.3 million placement to affiliates of Eduardo Elsztain. Peter Marrone has been appointed as Non-Executive Chairman, Yohann Bouchard as Chief Operating Officer, and Felipe Riquelme as Chief Financial Officer, effective 10 August 2026. Kris Knauer has retired as CEO and Director but will remain as a consultant for six months to ensure a smooth transition.
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