Central Asia Metals plc chief executive officer Nigel Robinson is to step down, effective from 1 October. CHALLENGING His successor will be chief financial officer Gavin Ferrar who has been with the company for 10 years. Executive director of corporate development Louise Wrathall will become CFO on the same date, while retaining focus on business […]
Tag: Central Asia Metals plc
Central Asia acquires 28.7% of Aberdeen Minerals
Central Asia Metals plc has completed its £3 million initial investment in nickel-copper-cobalt explorer Aberdeen Minerals Ltd. The company now has 35,294,117 shares, purchased at a price of 8.5 pence per share, and a 28.7% shareholding in Aberdeen. Central Asia also received warrants to invest an additional £2m at a price of 11 pence per share […]
Central Asia directors in 1.4m options exercise
Central Asia Metals plc directors today exercised 1,383,849 nominal cost options over ordinary shares of US$0.01 each in the company, at an exercise price of $0.01 for a total £3,072,976. Central Asia said it settled the option exercise, under its employee share plan 2011, in cash at £2.2206 per share. No actual shares were sold […]
Central Asia grants 777,873 incentive share awards
Central Asia Metals plc granted a total 777,873 nominal cost long-term share awards at an exercise price of $0.01 per share to its executive directors under its long-term incentive plan 2022. Chief executive officer Nigel Robinson received 311,342 awards taking his total of such awards to 1,793,346. Chief financial officer Gavin Ferrar received 254,734 awards […]
CAML targets stake in Aberdeen Minerals
Central Asia Metals plc, focused on North Macedonia and Kazakhstan, has conditionally invested an initial £3 million for a 28.7% stake in explorer Aberdeen Minerals Ltd. DRILLING With a footprint of 7,400ha (75km2) agreed with landowners, Aberdeen is exploring for nickel, copper and cobalt at the Arthrath project in Aberdeenshire, northeast Scotland. The company states […]
CAML begins exploration in Kazakhstan
Central Asia Metals plc has created a “solid platform for growth” from its cash holding of $50.6 million from copper-lead-zinc operations in Kazakhstan and North Macedonia. FINANCES In its half-year results, the company said it had started early-stage exploration in Kazakhstan with Terra Exploration and in 2023 expects to complete the Kounrad solar power plant. Group […]