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, […]
Tag: chairman
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 […]
Shareholders oust Anglesey chairman John Kearney
Shareholders voted against re-electing Anglesey Mining plc chairman and director John Kearney after his nearly 30 years’ service with the group. SUPPORT 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 […]
Horizonte’s tribute to co-founder and former chair David Hall
Horizonte Minerals plc said it would continue with the vision and honour the legacy of its co-founder and former chairman David Hall who died suddenly in August. The company thanked Mr Hall for his leadership, adding that he had played an integral part in the establishment, development and growth of Horizonte’s nickel project in Brazil. […]
Red Rock issues 24.5m incentive shares
Red Rock Resources plc has issued 24,512,229 ordinary shares each of £0.0001 in the company under a share incentive plan (SIP) for the 2022/23 tax year. DIRECTORS The move was agreed by the trustees in their meeting on 5 April 2023. Four directors are participating in the shares purchase and award of 18,048,913 new ordinary shares […]