Sheffield-based Peak Nickel Ltd’s appointment of Brian Timmons as a director has ended. Companies House recorded the change effective on 27 September 2023. Mr Timmons, the executive chairman of Peak Nickel investor Ormonde Mining plc, began the directorship on 7 February 2023. He is currently a director of Ormonde’s other investee company TRU Precious Metals […]
Tag: Ormonde Mining plc
Ormonde acquires initial 36.2% of TRU
Ormonde Mining plc has completed its 36.2% acquisition in Canadian copper-gold explorer TRU Precious Metals Corp. BOARD COMPOSITION The Dublin-based company has the potential to increase its shareholding to up to 46.0% through the exercise of warrants. Ormonde also has the right to appoint three out of five of the TRU board of directors, subject […]
Ormonde shares admitted to Aquis Growth Market
Ormonde Mining plc’s ordinary shares totalling 472,507,482 of €0.01 each in the company were today admitted to the access segment of the Aquis Growth Market. The Dublin-based company’s ordinary shares will be cancelled from trading on AIM and Euronext Growth with effect from 5 September 2023. Following admission, major shareholder and Empire Cinemas owner Thomas […]
Ormonde shareholders back TRU investment
Ormonde Mining plc has received shareholder approval to invest an initial 36.2% controlling interest in TRU Precious Metals Corp, exploring for gold and copper in Newfoundland. AQSE The Dublin-based company will focus on TRU’s Golden Rose project as well as evaluation of other mineral property opportunities. Ormonde retains its 20% interest in Peak Nickel Ltd […]
Ormonde to exit AIM-Euronext in Canada acquisition
Ormonde Mining plc plans to cancel its AIM and Euronext Growth Market listings as part of its proposed investment via a subscription in a Canadian gold-copper explorer. RULES The company became an AIM Rule 15 cash shell in October 2022 and was required to make an acquisition or acquisitions constituting a reverse takeover (RTO) on, […]
Ormonde plans majority share in Golden Rose
Ormonde Mining plc plans a 36.2% controlling investment, with an option for a further 10%, in a Canadian explorer of a gold-copper asset with “world-class” potential in Newfoundland. CAPITAL The company said that the acquisition, subject to Ormonde shareholder approval, is via a private subscription for 60 million new common shares of TRU Precious Metals […]