Company Moves News Oil & Gas

Prospex completes 100% acquisition of Tarba

Prospex Energy plc has secured 100% ownership of the El Romeral concession following the completed acquisition of its joint venture partner in Tarba Energia S.L. COMPANY MOVES The company and Warrego Energy Ltd previously operated through Tarba with a 49.9 and 50.1% share. In addition to the project located near Carmona in Southern Spain, Tarba […]

Company Moves Metals & Minerals News

EGT appoints Cathal Friel as chairman

European Green Transition plc has appointed its co-founder Cathal Friel as its non-executive chairman, with immediate effect. Mr Friel, who replaces Daniel Akselson, has more than 20 years’ experience in corporate finance and merger and acquisitions. He was previously chairman of hVIVO plc (formerly Open Orphan plc), before which he co-founded Amryt Pharma plc which […]

Company Moves Metals & Minerals News

Katoro changes name to Focus Xplore

Katoro Gold plc, with a recently increased number of assets in Canada, has changed its name to Focus Xplore plc. EXPANSION The company, which last month exited Tanzania, has a new portfolio comprising 641 mining claims with priority for six lithium and one rare earth element projects. Focus also owns 100% of the White Pine […]

Company Moves Metals & Minerals News

Sunrise NED Roger Murphy steps down

Sunrise Resources plc non-executive director Roger Murphy has stepped down after nearly nine years in the post. Mr Murphy had been a non-executive director of the company since May 2016, during which time he served as chairman of the remuneration committee. “The QCA Code* recommends that non-executive directors do not serve more than nineyears and […]

Company Moves Finance Metals & Minerals News

First Class chair resigns in fraud investigation

First Class Metals plc’s non-executive chairman David Webster, also chairman of its largest investor The Seventy Ninth Group, has resigned following police fraud allegations about the group. COMPANY MOVES Mr Webster has also resigned as a director with the Ontario-focused explorer, which is a spin-out from Power Metal Resources plc. Companies House records that as […]

Company Moves Metals & Minerals News

Metals’ chairman steps down

Metals Exploration plc’s independent non-executive chairman and non-executive director Nick von Schirnding has stepped down, effective 21 March. The company said that Mr Schirnding’s decision follows Metals’ purchase of Runruno Holdings Ltd shareholding and settlement of debt disputes with lenders. Newly appointed non-executive chairman Steven Smith said: “It has been a pleasure to work with […]