Company Moves News Oil & Gas

Reabold receives requisition notice for general meeting

Reabold Resources plc has received a requisition notice from Pershing Nominees Ltd for a general meeting to replace the oil and gas company’s directors. CONTROL The move, on behalf of 13 shareholders representing a total 7.84%, contains ordinary resolutions that Kamran Sattar, Andrea Cattaneo, Francesca Yardley and Chris Connolly be appointed directors of Reabold. Further resolutions […]

Company Moves Metals & Minerals News

Scotgold director and largest shareholder resigns

Scotgold Resources Ltd’s largest shareholder and director has resigned after nearly 10 years over conflicting interests with the company. REGRET Nathaniel le Roux is the major secured creditor of the company’s subsidiary, SGZ Cononish Ltd operating the gold-silver mine near Tyndrum.  Scotgold, which is considering going into administration after financing talks failed, is evaluating the […]

Company Moves Metals & Minerals News

Anglesey shareholders oust chairman John Kearney

Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group. INSTRUMENTAL At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]

Company Moves News Oil & Gas

Ascent independent NED Stephen Birrell leaves

Ascent Resources plc independent non-executive director Stephen Birrell has stepped down after three years on the board. “The board would like to thank Stephen for his valuable contribution to the company over the last few years and we wish him every success in his next venture,” said executive chairman James Parsons. Ascent intends to appoint […]