Chesterfield Resources plc has raised £375,192 by allotting 31,266,000 new ordinary shares, each at a 50% premium issue price of £0.012, to its executive chairman Kashif Afzal. UAE Mr Afzal will also receive one warrant attached to each new ordinary share, exercisable at £0.02 for a period of five years from the date of issue. […]
Tag: Chesterfield Resources plc
Chesterfield chairman increases holding
Chesterfield Resources plc executive chairman Kashif Afzal has further increased his stake in the company after participating in the £130,000 fundraise on 23 May 2025. POLYMETAL Mr Afzal, through his 100% owned Juniper International FZ LLC, purchased two million ordinary shares each at an aggregate price of 0.5p pence. Juniper’s total interest in Chesterfield is now […]
Chesterfield raises £130,000
Chesterfield Resources plc has raised £130,000 via a placing and subscription of 26 million new ordinary shares of 0.1 pence each, representing a fifth of its issued share capital, at 0.5 pence per share. Following admission, the company’s issued share capital will comprise 156,328,311 ordinary shares, each with one vote. Chesterfield holds no ordinary shares held in treasury. […]
Chesterfield appoints Kashif Afzal as chairman
Chesterfield Resources plc has appointed Kashif Afzal as executive chairman with immediate effect, among a series of board changes. My Afzal, the company’s third executive chairman in two years, replaces Paul Ensor who becomes a non-executive director. Chief financial officer Ajay Kejriwal ceases to hold an executive position but remains on the board as a […]
Chesterfield looks to UAE openings
Chesterfield Resources plc is considering new openings in the United Arab Emirates following the board resignation of 17.9% shareholder Polymetal International’s representative. JUNIPER The move follows the pending sale of Chesterfield shares by Polymetal, represented by non-executive director (NED) Evgeny Vrublevskiy, to private investment holding and advisory company Juniper International FZ LLC. Chesterfield, which has copper […]
Chesterfield mulls new investments
Chesterfield Resources plc is considering investing in a “new area of activity” as its optioned partner begins 2,000 metre drilling at the Adeline copper project in Labrador, eastern Canada. EXPLORATION The company, with projects in Cyprus and Canada, last year underwent a change of management, appointed a new executive chairman and began cutting costs. Its […]