Caerus Mineral Resources plc has appointed Adrian England as an independent non-executive director with immediate effect. He will be a member of the company’s audit and risk and remuneration committees. Mr England is a solicitor and has been in practice since 1982. His areas of expertise include commercial litigation, property litigation, employment and business law. […]
Tag: Caerus Mineral Resources plc
Caerus signs up to £625,000 CLN deal
Caerus Mineral Resources plc has signed a subscription agreement with shareholder EV Metals Group plc (EVM) under which Caerus may need EVM to subscribe up to £625,000 for unsecured convertible loan notes. USES The company added that EVM’s holding in Caerus would increase from 16.34% to 29.9% should it require EVM to subscribe for the […]
Caerus grants directors total 4.4m share options
Caerus Mineral Resources plc has granted options over a total 4,400,000 ordinary shares of 1 pence, with an exercise price of 7.5 pence, to incentivise and retain its directors. DIRECTORS The exercise price represents an approximate 36% premium to the closing share price on 24 November 2022. Executive chairman Christopher Lambert received 2,000,000 options; chief […]
Caerus ex-directors return 4.9m shares
Caerus Mineral Resources plc’s investigation into “certain actions and commercial decisions by previous management” will see 4.9 million shares returned and 10m warrants cancelled. GOVERNANCE The company will also focus on its alliance with cornerstone investor EV Metals Group (EVM), and rebuild shareholder confidence. Chairman Christoper Lambert said in a statement today that he remained […]
Caerus former chairman acquires one million shares
Caerus Mineral Resources plc noted that its former chairman Michael Johnson acquired 1,021,250 ordinary shares, representing 1.67% of the issued share capital of the company. The transactions, between 9 April 2021 and 6 May 2021, were at £0.00 and outside a trading venue. In total, Mr Johnson and persons closely associated hold 5,550,001 ordinary shares representing 9.0% […]
Caerus blocked by military from Kalavasos dumps
Caerus Mineral Resource plc has been blocked by a military buffer zone and refused permission to renew its licence to explore waste dumps for copper and gold at the Kalavasos project in Cyprus. KALAVASOS The company’s subsidiary New Cyprus Copper (NCC) holds four licences in the region as part of Caerus’s ‘clean energy’ initiative with […]