Tungsten West plc has raised £2 million by adding an additional tranche to the existing 2023 convertible loan notes to progress work at the Hemerdon mine in Devon. FINANCING Tranche F is on substantially the same terms as tranches A, B, C, D and E of the CLNs. The company said that July’s tranche E […]
Tag: Tungsten West plc
Tungsten West appoints Jeffery Court as CEO
Tungsten West plc has appointed Jeffery Court as chief executive officer on the board, effective no later than 1 November 2024. His appointment is subject to completion of his notice period from current employer Capital Ltd, due diligence and approval of a UK work visa. Mr Court is an international mining executive with more than […]
Tungsten West raises £2.9m via CLN
Tungsten West plc has raised £2.975 million by way of an additional tranche E to the existing 2023 convertible loan notes and tranche D CLN. FINANCING The amended and restated CLN to a tranche E is on substantially the same terms as tranches A, B, C and D and matures on 31 January 2025. Tungsten […]
Tungsten West appoints interim CEO as director
Tungsten West plc has appointed interim chief executive officer Alistair Stobie as an executive director. Mr Stobie holds no shares or options in the company. Previous CEO Neil Gawthorpe has now left Tungsten West following finalisation of his settlement agreement.
Tungsten West CEO made subsidiary director
Tungsten West plc has appointed its interim chief executive officer Alistair Stobie as a director and of its subsidiary Aggregates West Ltd. Companies House recorded the appointments effective from 26 June. Mr Stobie, who is also chief financial officer, was intended to become a director following the resignation of former CEO Neil Gawthorpe.
Tungsten West secures MPF permit
Tungsten West plc has been granted a permit to operate its mineral processing facility at the Hemerdon tungsten and tin mine near Plympton in south Devon. FEASIBILITY STUDY The grant from the Environment Agency is the final the key permit required to progress the project. The company said it would focus on maximising tungsten and […]