Finance Metals & Minerals News

Red Rock notes directors’ dealings

Red Rock Resources plc has issued 5,038,253 ordinary shares of £0.0001 each in the company under its share incentive plan (SIP) for the 2021/22 tax year. DIRECTORS’ PARTICIPATION The company said that this was agreed by the trustees in their meeting held on 1 April 2022 and approved by the board of directors yesterday, 5 May. Four directors […]

Finance Metals & Minerals News

Red Rock attracts $100,000 investment for Zimbabwe lithium project

Red Rock Resources plc said that a group of high net worth investors had acquired a 10% early stage interest for US$100,000 in the company’s lithium project in Zimbabwe. APPLICATIONS The funds will develop the company’s 75% subsidiary African Lithium Resources Pvt Ltd (ALR) which it established in March. Red Rock recently submitted an application […]

Finance News Oil & Gas

Jersey Oil & Gas notes directors’ dealings

Jersey Oil & Gas plc (JOG) said that on 5 May, three directors of the company acquired ordinary shares of 1p each in the company. DIRECTORS The directors include chief executive officer Andrew Benitz, non-executive chairman Leslie Thomas and non-executive director Marcus Stanton. Director Number of Ordinary Shares Acquired Price per Ordinary Share Acquired (p) […]

Company Moves Metals & Minerals News

Caerus Mineral appoints Richard Hawken as NED

Caerus Mineral Resources plc has appointed Richard Hawken to the board in the role of non-executive director. He joins Andrew Daniels whose position and in-country role in Cyprus remain unchanged. AFRICA Mr Hawken has a long career in mining and exploration in southern Africa. He will be jointly responsible for managing new business acquisitions focused […]

Company Moves Metals & Minerals News

Caerus chairman Michael Johnson retires

Caerus Mineral Resources plc said that one of the company’s founders and non-executive chairman Professor Michael Johnson is to retire. NEW CHAIRMAN He will be replaced by Brian Rowbotham who will assume the role on 16 May 2022. Mr Rowbotham has extensive board level experience in several areas of the financial services sector including investment banking, […]

Company Moves Metals & Minerals News

Caerus appoints Charles Long as new CEO

Caerus Mineral Resources plc has appointed Charles Long as chief executive officer, effective from 16 May 2022. AFRICA He replaces Martyn Churchouse who will remain with the company as a senior consultant. Mr Long is a mining specialist with stockbroking, management and business development experience in the extractive industries and financial services sectors. Caerus said […]