Anglesey Mining plc has issued a total of 46,070,817 warrants to its majority shareholder Energold Minerals Inc, in return for a £350,000 investment, as agreed at the start of the month. APPOINTMENTS Drilling contractor Energold, owned by former Anglesey chairman John Kearney, holds 22.5% of voting rights in Anglesey. The warrants are exchangeable for new […]
Tag: John Kearney
Anglesey shareholders oust chairman John Kearney
Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group. INSTRUMENTAL At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld. Non-executive director Andrew King will act as interim chairman while […]
Anglesey targets £1m for Parys-Grängesberg fundraise
Anglesey Mining plc aims to raise approximately £1 million via a proposed placing of new ordinary shares of £0.01 each in the company to certain institutional and other investors. TERMS The placing shares are at a 28.57% discount of 1.5p pence per share to the closing price of 2.10 pence per ordinary share on 15 […]