Altona Energy plc announced that Christian Taylor-Wilkinson has been made Altona’s full-time CEO. Mr Taylor-Wilkinson has represented the board as a non-executive director since 1 February 2019 and interim chief executive since 20 March 2020. The company said that for the past 12 months he has been the main driver of its new rare earths […]
Tag: Altona Energy
Altona to focus on East African REEs
Altona Energy plc today announced it had raised £138,459.12 before expenses for its exploration projects for rare earth minerals in East Africa. The funds were raised through the placing of 2,130,140 new ordinary shares at an issue price of 6.5 pence per share. Altona expects to be readmitted to trading on the Aquis Stock Exchange […]
Altona partner granted three-year Nankoma licence
Rare earth element (REE) mining company Altona Energy plc has taken its projects in East Africa a step further following the granting of a three-year exploration licence. The company said that Leadway Group Ltd, with which it signed a heads of agreement on 21 September, had been awarded a three-year exploration licence for its tenement […]
Altona appoints Martin Wood as chairman
Altona Energy plc has appointed Martin Wood as non-executive chairman, with immediate effect. Mr Wood is the founder and managing director of Vicarage Capital which assists junior and mid-cap resources companies. He established Vicarage Capital in 2003 and has advised many companies on AIM listings and long-term mining strategies. From 2017 to 2019, Mr Wood […]
Altona extends fundraise for African REEs
Altona Energy said it had extended its fundraising round due to ongoing interest as it continues its development plans for its rare earth elements (REEs) mining portfolio in Africa. The company said in September 2020 that it aimed to raise up to £500,000 for its REE projects in Uganda and Malawi. (bit.ly/356Hyx5) Altona announced this […]
Altona to raise £500,000 for Africa REEs
Mining exploration company, Altona Energy plc, is looking to raise up to £500,000 for its new strategic focus on rare earth elements (REEs) in East Africa. The company has signed heads of agreements with two African mining companies, to acquire a majority stake in two REE projects, one in Malawi and the second in Uganda. […]