Altus Strategies plc announced that Michael Winn and Gérard De Hert have tendered their resignations and stepped down from the Altus board. The news follows the merger of the company with Elemental Royalties Corp, which became effective as of today, 16 August 2022.
Tag: metals and minerals
Power Metal quickens to drill strong Molopo conductor
Power Metal Resources plc will bring forward its 2022 diamond drill programme after it identified a large magnetic conductor at its nickel-copper-platinum group element (PGE) project at Molopo Farms Complex, southwest Botswana. MAGNETIC CONDUCTOR The company completed two ground-based electromagnetic (EM) geophysics surveys, over areas hosting 2020-2021 diamond drillholes KKME 1-14 (K1-14) and KKME 1-6 (K1-6). Power […]
Altus-Elemental merger receives court sanction
Altus Strategies plc’s share-for-share merger of equals with Elemental Royalties Corp has received court sanction. TIMETABLE The companies first announced the agreement in June and received shareholder approval on 8 August. Altus said that the High Court of Justice of England and Wales had today made an order sanctioning the scheme under section 899 of […]
Galantas increases private placement target to C$6m
Galantas Gold Corporation said it had signed an amending agreement to increase the size of its proposed private placement of raising CAD$4 million to up to $6m (£3.9m). UNITS The deal is with Canaccord Genuity Corp, on behalf of itself and a syndicate of agents including Cormark Securities Inc. and Research Capital Corporation. The Canadian […]
Energybuild Mining appoints two new directors
Energybuild Mining Ltd, which mines high-grade anthracite at Aberpergwm Colliery in Neath, West Glamorgan, has appointed two directors. Companies House lists Michael Loughran and Daniel Loughran as directors effective from 30 July 2022. Future Carbons Ltd ceased as a person with significant control, and Pergwm Holdings Ltd is listed as a person with significant control also […]
Power Metal to refine uranium exploration targets
Power Metal Resources plc said it was working to refine exploration targets at four of its properties in its uranium portfolio surrounding the Athabasca Basin, Saskatchewan, Canada. PHASE I The company will eventually progress the highest priority targets to a drill-ready stage. The Phase I work programme focuses on the Clearwater, Tait Hill and Thibault Lake properties to […]