BRIEF-PanAust says Gary Stafford will continue as Managing Director

March 6 (Reuters) - PanAust Ltd PNA.AX :

* Managing director succession and service agreement PNA.AX

* Says Gary Stafford will continue as Managing Director

* Says expects to transition to a new Managing Director within the next 18

months

* Source text for Eikon News Search ID:nASX3xsXjt

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