Darlington-based ‘mineral exploration project generator’ 31 Explore Ltd has been acquired by Tanzania-focused Katoro Gold plc for 750 million warrants, under a heads of terms agreement. POWER METAL Katoro’s non-executive chairman Sean Wade, who is also chief executive of Power Metal Resources plc which holds 35% of Katoro, beneficially owns 14.29% of 31 Explore. Incorporated […]
Tag: non-executive director – NED
Metals’ majority investor increases shareholding
Metals Exploration plc’s majority investor Nick Candy has increased his shares in the company. Candy Ventures S.a.r.l, which is majority owned by Mr Candy, and a person closely associated with Metals non-executive director Steven Smith, acquired two million ordinary shares each at an average price of 5.6p. Following the transaction Mr Candy has an interest […]
CRL’s parent appoints Riverfort chairman as NED
Cornwall Resources Ltd’s parent company Strategic Minerals plc has appointed Philip Haydn-Slater as an independent non-executive director, with immediate effect. Mr Haydn-Slater is currently non-executive chairman of Riverfort Global Opportunities plc. His experience in public and private companies has covered corporate finance, investments, and he has also held board positions of publicly listed firms. Mr […]
Jersey Oil & Gas NED retires
Jersey Oil & Gas plc non-executive director and chairman of the audit committee Marcus Stanton has retired. Mr Stanton had been with the company since it listed in 2015, firstly as non-executive chairman and latterly as a NED. “I would like to express my thanks to Marcus and wish him well in all his future […]
Karelian deputy chairman resigns
Karelian Diamond Resources plc deputy chairman and non-executive director Séamus Fitzpatrick resigned, effective today. The company said that Mr Fitzpatrick’s “significant” business interests in the USA had left him insufficient time for the company. “Seamus has confirmed his ongoing support and commitment to the success of Karelian and I would like to thank Seamus for […]
Tullow NED in shares-senior notes purchase
Tullow Oil plc non-executive director Roald Goethe has bought 100,000 ordinary shares of 10 pence each in the company at £0.1964 per ordinary share. Today’s £19,640 purchase follows Mr Goethe’s acquisition on 18 December of one million of Tullow’s 7.00% senior notes due in 2025. The transaction on the OTC Bloomberg Euromarket Fixed was for […]