Baron Oil plc independent non-executive chairman Gerry Aherne has bought 30 million ordinary shares of 0.025 pence each in the company, at a price of 0.0676 pence per share. Mr Aherne’s total beneficial shareholding of 30m shares represents approximately 0.12% of the company’s current voting rights. The £20,280 purchase took place on 28 May.
Tag: chairman
Horizonte confirms chairman and interim CEO
Horizonte Minerals plc today confirmed Paul Smith as a non-executive director and chair and Karim Nasr as an executive director and interim chief executive, effective immediately. Both were previously proposed as part of changes following board resignations including former CEO and company co-founder Jeremy Martin. Mr Nasr has temporarily stepped down from his day-to-day executive […]
Condor chairman raises £1m for La India sale
Condor Gold plc chairman Jim Mellon exercised warrants for £1 million to ensure the company has sufficient money during the sales process for La India open pit in Nicaragua. OFFERS The exercise over 6,666,667 new ordinary shares, each at an issue price of £0.15, was by Galloway Ltd, owned by Burnbrae Group Ltd which is, […]
Cornish Lithium NED and former chairman retires
Cornish Lithium plc non-executive director and former chairman Derek Linfield steps down from today. From August 2016, he played a major role in developing the company including negotiating and structuring its mineral rights portfolio and initial fundraising. Cornish Lithium said that Mr Linfield’s longstanding legal skills were pivotal during the company’s early stages of development […]
Anglesey shareholders oust chairman John Kearney
Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group. INSTRUMENTAL At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]
Rockhopper chairman and NED step down
Outgoing chairman of Rockhopper Exploration said the company was in the “strongest possible” position it had been in for “some considerable time” as a new leadership takes over on 1 October. EXPERIENCE Keith Lough and non-executive director John Summers leave on 30 September after nine “challenging and enjoyable” years to make way for former Capricorn […]