Golden Metal appoints Chang Turkmani as advisor

Golden Metal Resources plc has appointed Chang Oh Turkmani as a strategic United States government advisor, with immediate effect.

She will help the company advance its critical minerals strategy in Nevada and the broader United States.

Mrs Turkmani is experienced in import and export of industrial commodities, mining, manufacturing, construction, energy trading, shipping, environmental remediation, renewable energy, and investment advisory industries. 

Her expertise also includes investing in critical minerals, government procurement, structuring major infrastructure projects, and strategic planning for corporate execution.  

Since 1990, Mrs Turkmani has been managing director and principal of import-export business for raw materials The Mega Company. 

She is also principal of American Construction Technologies, Mega Distribution and Key Logistics Centre in Bucharest where she develops, constructs and manages of one of the largest US developments in temperature-controlled warehouses and logistics.  

Mrs Turkmani is managing director at environmental remediation and industrial waste management company CDM Global, and renewable energy production and wholesale trading of electricity business Crest Energy.

She is a lawyer and has specialised in international trade, cross-border negotiation, due diligence and dispute resolution. 

Mrs Turkmani holds a Bachelor’s and a Master’s degree from Northwestern University, and a Juris Doctorate from Georgetown University Law Center in Washington DC where she teaches pre-negotiation strategies for cross-border transactions. 

She received a US presidential appointment to the National Cancer Advisory Board, is a board member of the American Romanian Business Council, and a board member and finance chair of Alianta.

She was knighted Dame by the Order of Knights Templar.

TERMS

Golden Metal will pay Mrs Turkmani a fee equivalent to £34,250 per annum for two years, with the possibility of an extension.  

The total contract value of £68,500 will be paid with 805,882 new Golden Metal ordinary shares of 1.0p each at an issue price of 8.5p.

Mrs Turkmani’s interest in Golden Metal also includes shares acquired during the IPO financing by The Mega Company, which is beneficially owned by her husband Salah Turkmani.

Following admission, her total interest will amount to 3,747,058 representing to 4.41% of the company’s issued share capital.

The company’s issued share capital will comprise 85,000,255 ordinary shares, each with voting rights.

Golden Metal’s majority shareholder is Power Metal Resources plc with 62%.