Capricorn Energy plc intends to nominate Patrice E. Merrin as an independent non-executive director (NED) for election at the company’s general meeting on 26 June 2023. Ms Merrin has significant experience across the energy, resources and commodity sectors. She is due to retire at the end of May after nine years as independent NED from Glencore […]
Company Moves
Scotgold raises £2m via open offer-subscription
Scotgold Resources Ltd has raised a total £2 million from an open offer and subscription for its Cononish gold-silver mine near Tyndrum. BOARD APPOINTMENT The open offer, closed on 12 May, will see the maximum number of 10,065,262 open offer shares issued, raising £1.5 million. On admission, Scotgold will have 80,500,346 ordinary shares in issue […]
Power Metal appoints Bill Brodie Good as NED
Power Metal Resources plc has appointed Bill Brodie Good as a non-executive director (NED) with immediate effect. He will also provide consulting services to the company at project level. Mr Good has more than 30 years’ experience in exploration and project management in Australia, Francophone West and Central Africa, the Middle East and Central Asia. His most recent role was […]
IOG appoints Esa Ikaheimonen as interim chair
IOG plc has appointed Esa Ikaheimonen as chair, initially on an interim basis, following today’s company general meeting. He replaces Fiona MacAulay who has retired from the post. Mr Ikaheimonen has been the company’s senior independent non-executive director since March 2019 and is at present chair of the audit committee. He has 30 years’ oil […]
IOG chair and director Fiona MacAulay retires
IOG plc director and chair Fiona MacAulay has retired, as the company previously announced, following its general meeting today. Ms MacAulay said it had been a real honour to serve as chair of IOG as the company grew from an unfunded concept into the UK’s newest gas producer. “The journey has not been without its […]
Capricorn appoints Randy Neely as CEO
Capricorn Energy plc will appoint Randy Neely as its new chief executive officer from 1 June 2023. Mr Neely is the former president and CEO of Egypt-focused operator TransGlobe Energy Corporation with operations in the Eastern and Western Deserts. He has more than 25 years’ industry experience in executive and financial roles, including chief financial […]