Corcel plc non-executive chairman Antoine Karam is to leave the post as part of further changes at the company. His independent interim replacement will be independent non-executive director Andrew Fairclough. Interim chief executive Scott Gilbert has assumed a permanent role and will join the board as an executive director on completion of regulatory checks. Non-executive director […]
Tag: Brazil
Corcel targets ‘pipeline’ of Brazil assets
Corcel plc has agreed a collaboration to identify, evaluate and acquire “a pipeline” of producing onshore oil and gas fields in Brazil. ADVANTAGE New partner Conterp Serviços Técnicos Ltda will contribute its local market knowledge and relationships, access to technology, services, equipment and expertise of asset management of onshore Brazil oil and gas fields. Corcel will […]
Corcel agrees up to potential £10m unsecured CLNs
Corcel plc has agreed an unsecured convertible loan notes for up to a potential £10 million over three years for its oil and gas interests in Angola and Brazil and “operations elsewhere”. ACCELERATE Investment company Extraction Srl, whose chairman is a major shareholder in Corcel, will lend £1m this month, £1m in January 2024 with a […]
Corcel at advanced stage of Brazil mining-oil-gas deals
Corcel plc plans to extend its natural resource exploration and development reach to South America with a focus on Brazil, as part of its revised business strategy. MULTIPLE DEALS The company said it had been “actively screening industrial opportunities” for more than 12 months and was at an “advanced stage on multiple transactions across both mining and […]
Horizonte appoints Gillian Davidson as independent NED
Horizonte Minerals plc has appointed Gillian Davidson as independent non-executive director to the board with immediate effect. Ms Davidson has more than 25 years’ experience in the extractives and natural resources sectors. She is an independent sustainability advisor and currently serves as a non-executive director on the boards of Central Asia Metals plc and Lundin […]
Horizonte appoints Vincent Benoit as NED
Horizonte Minerals plc has appointed Vincent Benoit as non-executive director with immediate effect. Mr Benoit has more than 30 years’ corporate finance, business development and M&A experience in the mining, telecom and energy sectors. He identified the opportunity to buy La Mancha and joined the company as head of strategy & business development in 2012. […]