Cornish Metals Inc said that its controlling shareholder Vision Blue Resources (VBR) had nominated Tony Trahar as its representative on the company’s board of directors. Mr Trahar has a 40-year career in the mining, natural resources and industrial sectors and is currently a special adviser to VBR. He currently holds 1,222,222 common shares in Cornish […]
Tag: Vision Blue Resources Ltd (VBR)
Cornish Metals shareholders back VBR control for £40.5m
Cornish Metals Inc said its shareholders had accepted Vision Blue Resources Ltd (VBR) ownership of up to 43% to secure £40.5 million for the South Crofty tin-copper project. RESOLUTIONS The Canadian company added that the Secretary of State had confirmed no action would be taken under the UK National Security and Investment Act 2021 in […]
Cornish Metals looks to £40m backing for South Crofty
Cornish Metals Inc hopes to raise up to £40.5 million from the former chief executive of Xstrata and a placing to advance its South Crofty tin project in Cornwall. FUNDING The Canadian company has signed a conditional agreement for £25m with Guernsey-based Vision Blue Resources (VBR), founded by South African mining executive and the […]