Central Asia Metals plc chief executive officer Nigel Robinson is to step down, effective from 1 October. CHALLENGING His successor will be chief financial officer Gavin Ferrar who has been with the company for 10 years. Executive director of corporate development Louise Wrathall will become CFO on the same date, while retaining focus on business […]
Day: 16 September 2024
Red Rock issues 405m shares to convert debt
Red Rock Resources plc has issued 405,175,088 new ordinary shares at a subscription price of 0.045 pence per share to convert £182,328.79 debt. Following admission, the company’s issued ordinary share capital will comprise 4,785,820,566 ordinary shares, with voting rights. Red Rock holds none of the ordinary shares in treasury.
Arkle NED purchases 5m shares
Arkle Resources plc non-executive director David Cockbill has acquired 5 million ordinary shares of €0.0025 each in the company. The purchase, at 0.23p and 0.24p per share, takes his beneficial interest in the company to 18,435,408 ordinary shares. The figure represents 3.26% of Arkle’s issued share capital.
Katoro appoints Tertiary ex-MD as interim CEO
Katoro Gold plc has appointed Tertiary Minerals plc former managing director Patrick Cullen as interim chief executive officer on the board. REVIEW Mr Cullen has extensive geological, geophysical and mining experience from working in the junior resource exploration and major mining sectors. Katoro said that Mr Cullen, who also previously worked for Arkle Resources plc, […]
Red Rock issues 75m shares for service debt
Red Rock Resources plc has issued 75 million new ordinary shares at a subscription price of 0.045 pence per share to convert £33,750 debt owed to a service provider. On admission, the company’s issued ordinary share capital will comprise 4,380,645,478 ordinary shares, with voting rights. Red Rock holds none of the ordinary shares in treasury.
Altona extends Botswana option period
Altona Rare Earths plc has extended the exclusive period to 17 July for the Sesana copper-silver option in Botswana. FUNDRAISE In April the company signed a binding agreement with Ignate African Minerals Ltd for PL2329/2023, which lies in the heart of the Kalahari copper belt. The licence is valid for copper, cobalt, gold, silver, lead, […]