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Pin to quick picksMineral & Fin Share News (MAFL)

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Share Price: 11.75
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EXECUTIVE CHANGES: Hunter Eleco's Permanent CEO; 600 Group CFO Leaves

Wed, 10th Feb 2021 15:25

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:

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Eleco PLC - construction software firm - Says Jonathan Hunter, who took on the role of interim chief executive back in September, has been appointed CEO on a permanent basis. Hunter was appointed to the board in June 2016, having held a number of senior management positions within Eleco since joining in 2010. He was appointed COO in 2017 prior to his appointment as interim CEO.

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600 Group PLC - West Yorkshire, England-based manufacturer and distributor of machine tools, precision engineered components and industrial laser systems - Says Chief Financial Officer Mitch Krasny steps down as a director with immediate effect by mutual agreement. A formal process to identify a successor has been initiated.

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GCP Infrastructure Investments Ltd - focuses primarily on investments in UK infrastructure debt - Says that, following conclusion of Wednesday's annual general meeting, Non-Executive Director David Pirouet has retired. Company appoints Steven Wilderspin, effective Wednesday. Wilderspin is currently a non-executive director at Blackstone Loan Financing Ltd and HarbourVest Global Private Equity Ltd.

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Mineral & Financial Investments Ltd - Cayman Islands-based investment company specialising in junior mining companies - Adds Mark Brown, president of Pacific Opportunity Capital Ltd, to the board as chair. Jacques Vaillancourt will assume the role of president, chief executive & director of the company.

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W Resources PLC - tungsten, tin and gold mining company - Says Non-Executive Director Oscar Marin Garcia will step down from the board on Friday to focus on increased commitments in his business. The search for a new non-executive is underway. Garcia says: "Whilst my current commitments mean I am unable to remain on the board of directors, I remain a strong advocate of W Resources and its operations in Spain and I intend to retain my beneficial shareholding in the company."

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Nuformix PLC - pharmaceutical development firm based in London - Says Chris Blackwell has resigned as non-executive chair and director of the company with immediate effect "due to personal reasons that require his immediate attention". A process to appoint a new chair will start immediately.

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Smith & Nephew PLC - medical devices manufacturer - Appoints John Ma as a non-executive director. Since 2019, he has served as chief executive & chair of Ronovo Surgical, a start-up soft tissue surgical robotics business he founded. "We are delighted to have secured a Board colleague with John's track record growing medical device businesses across China and the wider region," says Smith & Nephew Chair Roberto Quarta.

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Ground Rents Income Fund PLC - real estate investment trust - Appoints Barry Gilbertson as a non-executive director, effective Wednesday. He was recently appointed as executive chair of Custodian Capital Ltd, a subsidiary of Mattioli Woods PLC, in January. Adds that Malcolm Naish has informed the board he intends to retire as chair and a non-executive director at the company's next annual general meeting. It is intended Gilbertson will success Naish on his retirement.

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Atalaya Mining PLC - Cyprus-based copper producer - Appoints Neil Gregson, who has over 30 years' experience of investing in mining and oil and gas companies, as a non-executive director. From 2010 to 2020 he was a Managing Director at JP Morgan Asset Management where, as a member of the equity team, he was a portfolio manager investing in mining and energy companies globally.

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By Lucy Heming; lucyheming@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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24 May 2023 15:42

IN BRIEF: Mineral & Financial raises GBP250,000 via new shares placing

Mineral & Financial Investments Ltd - Cayman Islands-based investment company focused on natural resources sector - Places 1.2 million shares at 1.0 pence each at a placing price of 21.0p per share. Net funds will be used for investment opportunities the company is reviewing. The company has issued 250,000 shares to Novum Securities Ltd in settlement of historic broking retainers fees.

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3 May 2023 11:37

IN BRIEF: Mineral & Financial notes positive results at Portugal site

Mineral & Financial Investments Ltd - Cayman Islands-based investment company focused on the natural resources sector - Notes investment update from Redcorp Empreedimentos Mineiros Lda with metallurgical test results as part of wider ongoing tests to be included in a feasibility study for the Venda Nova deposit at the Lagoa Salgada project in Portugal. The feasibility study is targeted for completion this month.

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28 Apr 2023 19:38

TRADING UPDATES: Mineral & Financial buys stake in Mexican mining firm

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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30 Mar 2023 18:39

EARNINGS UPDATES: Ironveld sees interim pretax loss widen on costs

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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3 Mar 2023 15:45

UK shareholder meetings calendar - next 7 days

Monday 6 March 
Gfinity PLCGM re fundraising
Logistics Development Group PLCGM re capital reduction, change of investing policy and share buyback
Tuesday 7 March 
Blackrock Income & Growth Investment Trust PLCAGM
Edinburgh Worldwide Investment Trust PLCAGM
JPMorgan Emerging Europe, Middle East & Africa Securities PLCAGM
Wednesday 8 March 
Amigo Holdings PLCGM re the company's capital position
boohoo Group PLCGM re adoption of the Growth Plan
Creo Medical Group PLCGM re open offer shares
Globalworth Real Estate Investments LtdEGM re grant options and script dividends
Jersey Electricity PLCAGM
Thursday 9 March 
CT Capital & Income Investment Trust PLCAGM
Shoe Zone PLCAGM
WAG Payment Solutions PLCGM re proposed acquisition of Inelo
Friday 10 March 
Atrato Onsite Energy PLCAGM
Malin Corp PLCAGM
Mineral & Financial Investments LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 Feb 2023 21:31

Mineral & Financial's Golden Sun strikes deal to boost BellaVista

(Alliance News) - Mineral & Financial Investments Ltd on Wednesday said its investee Golden Sun Resources Ltd has closed a streaming financing package worth USD10 million.

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9 Feb 2023 14:23

Mineral & Financial says second drill rig mobilised at Lagoa Salgada

(Alliance News) - Mineral & Financial Investments Ltd on Thursday said 50% owned Redcorp Empreendimentos Mineiros Lda has mobilised a second drill rig to begin drilling at the Lagoa Salgada project, Portugal.

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3 Feb 2023 15:17

TRADING UPDATES: GCP Infra hails NAV rise; Jadestone profits from oil

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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23 Dec 2022 14:28

Mineral & Financial annual profit drops as administrative costs jump

(Alliance News) - Mineral & Financial Investments Ltd on Friday said its profit declined in its recent financial year, as expenses increased.

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9 Dec 2022 10:55

Mineral & Financial subsidiary secures cash investment for asset

(Alliance News) - Mineral & Financial Investments Ltd on Friday said its subsidiary has received a cash payment from Ascendant Resources Inc, in the first of two instalments related to its Portuguese mining investment.

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5 Dec 2022 14:33

IN BRIEF: Mineral & Financial notes Redcorp's Venda Nova finds

Mineral & Financial Investments Ltd - Investor in natural resources sector - Announces exploration results from investee Redcorp Empreedimentos Mineiros Lda, an operator of an exploration & development company, engaged in Lagoa Salgada project in Portugal.

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2 Dec 2022 19:33

TRADING UPDATES: Time Out eyes Riyadh; MTI Wireless wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued this week and not separately reported by Alliance News:

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28 Nov 2022 12:38

Mineral & Financial shares surge on funding for Lagoa Salgada project

(Alliance News) - Mineral & Financial Investments Ltd on Monday noted developments in the financing package for the Lagoa Salgada VMS project in Portugal.

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10 Nov 2022 15:52

TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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14 Sep 2022 16:06

IN BRIEF: Mineral & Financial's Ideon stake valued at CAD1.4 million

Mineral & Financial Investments Ltd - Cayman Islands-based investment company - Announces that portfolio firm Ideon has received USD15 million equity investment from Silicon Valley venture capital firm Playground Global. Playground will own 20% of Ideon. The value of Ideon, M&F notes, has increased more than nine times in two years. Based on this financing, M&F's 1.4% stake will be valued at CAD1.4 million.

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