Altona Rare Earths plc has issued one million new ordinary shares each at a price of 5 pence to settle fees with business development officer Christian Taylor-Wilkinson. The fees are for services provided in 2021 by Leander PR Ltd of which he is a director. Following the issue of shares, Mr Taylor-Wilkinson owns an interest […]
Tag: Altona Rare Earths plc
Altona to drill target orebody at Monte Muambe
Altona Rare Earths plc is due to drill one of two orebodies with results to be included in the inaugural JORC mineral resource estimate (MRE) for the Monte Muambe project in Mozambique. TARGETS The company expects to resume drilling on or around 15 July, with Spartan Drilling Services Limitada conducting operations. The programme will initially […]
Altona appoints Simon Charles as NED
Altona Rare Earths plc has appointed Simon Charles as an independent non-executive director, with immediate effect. Mr Charles is a solicitor and a senior partner at City solicitors Marriott Harrison LLP, having joined the firm in 2004. He specialises in company law, with an emphasis on acquisitions and disposals, directors’ duties, equity and debt fundraises […]
Altona starts trading on main market of LSE
Altona Rare Earths plc today began trading on the main market of the London Stock Exchange. PROGRAMMES On admission, the company will have 82,403,199 ordinary shares in issue. Chief executive officer Cedric Simonet said that the move would significantly contribute to unlocking value in Altona’s flagship asset, Monte Muambe, and its strategy of becoming a rare earth […]
Altona raises £2m ahead of main market trading
Altona Rare Earths plc has raised £2 million in a placing and subscription ahead of starting to trade on the main market of the London Stock Exchange. The company raised £1,677,300 via a placing and £322,700 through a subscription with the issue of 40 million new ordinary shares each at 5 pence. Altona said it […]
Altona nears trading on main market under new CEO
Altona Rare Earths plc has appointed a new chief executive officer ahead of the company’s proposed admission on 9 June 2023 to trade on the main market of the London Stock Exchange. CORPORATE CHANGES The company today announced it had published its prospectus for admission and also completed a £2 million fundraise. Christian Taylor-Wilkinson will […]