Tertiary Minerals plc has appointed Lorenz Werndle as an independent non-executive director to the board, with immediate effect. Mr Werndle replaces Donald McAlister, who will leave on 4 August 2026 due to other full-time work commitments. Mr McAlister has served on Tertiary’s board for more than 25 years, since the company first began trading. “Donald will be […]
Tag: Nevada – USA
Sunrise shifts focus to base-precious metals
Sunrise Resources plc aims to focus future exploration on its base and precious metals projects located in Nevada, USA and Western Australia. SUPPORT The “decisive shift” follows a strategic review of its portfolio, which includes industrial minerals, namely perlite, pozzalan and sepiolite, also in Nevada. Sunrise said it had previously focused time and money on […]
Tertiary directors buy total 28.6m shares
Tertiary Minerals plc directors have bought, in aggregate, 28,590,962 ordinary shares of 0.01 pence each in the company. HOLDINGS Managing director Richard Belcher purchased 9,433,962 shares, taking his shareholding to 43,640,657, equal to 0.85% of the company’s issued share capital. Executive chairman Patrick Cheetham bought 19,157,000 shares and, together with 2,843,625 held by K E […]
Sunrise raises £200,000
Sunrise Resources plc has conditionally raised £200,000 through a 17.1% discounted placing of 1,176,470,588 new ordinary shares of 0.001p each, at 0.017 pence per placing share. TVRs The company said that half of the amount raised was from a single new institutional investor. Those participating in the fundraise included executive chairman Patrick Cheetham who subscribed […]
Sunrise extends repayment of convertible
Sunrise Resources plc has secured an 18-month extension to the second convertible security, due to mature on 7 June 2025, with holder Convertible Net Zero. FLEXIBILITY The outstanding balance of £123,000 is now due to convert into ordinary shares in full on 7 December 2026. Among other amendments, Sunrise agreed the option to make interest […]
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 […]