Altona Rare Earths plc has appointed Simon Charles as chairman, with immediate effect. He first joined the company in June 2023 as an independent non-executive director and chair of the audit committee and the compliance committee. Mr Charles is a solicitor and a senior partner at City solicitors Marriott Harrison LLP. He replaces Martin Wood […]
Tag: Altona Rare Earths plc
Altona chairman Martin Wood steps down
Altona Rare Earths plc non-executive chairman Martin Wood will step down on 10 August after four years on the board. Chief executive officer Cedric Simonet said: “On behalf of the board and the executive team, I want to extend our deepest thanks to Martin for his four years of dedicated service to Altona, during which […]
Altona significant shareholders’ dealings
Altona Rare Earths plc significant investors have bought and sold shares over the past six days. As at 31 July Tracarta Ltd remains the largest shareholder with 30 million shares, equal to 18.4%. John Story, who previously held 15m shares, now holds none. Richard Jennings who also held 15m shares now has 18.05m, equal to […]
Altona exercises Sesana option
Altona Rare Earths plc has exercised its option to acquire up to 85% in the Sesana copper-silver project within PL2329/2023 in Botswana’s Kalahari copper belt. COMPANY MOVES The company and vendor Ignate African Minerals (Pty) Ltd are expected to sign the final agreement shortly. Altona said that activities relating to Botswana environmental and administrative processes […]
Altona issues 76m shares on published prospectus
Altona Rare Earths plc today published a Financial Conduct Authority approved prospectus and issued 76,248,759 new ordinary shares for previously announced fundraises. The shares issue relates to June and July 2024 subscriptions, conversion of February 2023 convertible loan notes, and 7 million shares to convert a loan from Catalyse Capital Ltd. Additionally 3,548,759 shares were […]
Altona secures more time for Sesana option
Altona Rare Earths plc has agreed a further extension to the Sesana copper option in Northwest District, Botswana. The binding agreement for the PL2329/2023 is valid for copper, cobalt, gold, silver, lead, zinc, aluminium, chromium, iron, titanium and platinum group metals. The company has extended the exclusivity period with Ignate African Minerals Ltd until 15 August […]