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Pin to quick picksMkango Res Share News (MKA)

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Share Price: 7.10
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UK EXECUTIVE CHANGE SUMMARY: Dialight Hires Coats Group Exec As CFO

Wed, 03rd Jun 2020 17:00

(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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Dialight PLC - LED lighting for industrial applications - Hires Wai Kuen Chiang from Coats Group PLC to be chief financial officer, succeeding interim CFO Ronan Sheehy at a date to be announced. At Coats Group, Chiang is financial controller, working at the industrial thread manufacturer for nine years.

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Shefa Gems Ltd - gem explorer in northern Israel - Appoints Tali Shalem, the daughter of founder Avi Taub, as chief executive officer. Shelem replaces Vered Toledo, who is retiring after 21 years with Shefa Gems. Toledo had stepped up to CEO from chief operating officer in January after the death of Taub. Shalem had worked at Shefa Gems for 10 years before starting a gem and jewellery marketing company in 2019.

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Clipper Logistics PLC - e-fulfilment and returns management - Hires Christine Cross as senior independent non-executive director, effective immediately, replacing Stephen Robertson, who steps down after two three-year terms as non-executive director. Cross is a former Tesco PLC executive, leading the supermarket chain's UK and International closing business. She is currently a non-executive director of Coca Cola European Partners PLC and Hilton Food Group PLC.

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Mkango Resources Ltd - mineral exploration and development focused on rare earth elements - Sandra du Toit steps down as non-executive director due to "new work commitments".

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Oxford BioDynamics PLC - biotechnology firm focused on discovery and development of epigenetic biomarkers - Independent Non-Executive Director Peter Pack promoted to chair, as Stephen Diggle steps down to non-executive director from interim chair. Pack was co-founder and CEO of MTM Laboratories AG, which is now part of Roche Diagnostics.

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Aberdeen Standard Asia Focus PLC - investment trust focused on Asian small-caps - Philip Yea to step down from the board at the December annual general meeting following his appointment as chair of paper and packaging company Mondi PLC. Krishna Shanmuganathan is added to the board as an independent non-executive director, effective immediately. Shanmuganathan worked in the UK Foreign & Commonwealth Office, followed by roles at Fidelity International and Cambridge Associates. He founded Scylax Partners in 2016.

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Global Invacom Group Ltd - satellite communications equipment and electronics - Basil Chan to step down as independent director at AGM on June 25 "to enable board renewal".

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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11 Apr 2024 16:18

Mkango raises £0.75m to support HyProMag's first commercial sales

(Sharecast News) - Mkango Resources closed a private placing on Thursday, raising £0.75m in gross proceeds to support HyProMag's first commercial sales, among other objectives.

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11 Apr 2024 09:35

Mkango Resources raises GBP720,000 after fees in placing of shares

(Alliance News) - Mkango Resources Ltd on Thursday said that it has closed a GBP750,000 private placement, which included a GBP150,000 investment by Chief Executive Officer William Dawes.

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25 Mar 2024 12:31

Mkango to begin sales of recycled magnets following fundraising drive

(Alliance News) - Mkango Resources Ltd announced on Monday that it has raised funds totalling GBP900,000.

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11 Mar 2024 15:01

IN BRIEF: Mkango eyes HyProMag feasibility study completion this year

Mkango Resources Ltd - rare earth metals explorer - Says BBA USA Inc and PegasusTSI Inc have been engaged to complete a feasibility study for the HyProMag USA asset. The study concerns the engineering and design of a rare earth element magnet recycling facility. "The feasibility study is expected to be completed during H2 2024. HyProMag USA has the potential to supply the US with a sustainable, long term domestic supply of neodymium/iron/boron permanent magnets to enable the creation of secure, low carbon and traceable rare-earth supply chains," it says. Mkango owns around 79% of Maginitom which in turn owns all of HyProMag. Toronto-listed CoTec Holdings Corp owns around 21% of Maginitom.

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3 Jan 2024 11:47

Mkango announces US HyProMag partnership

(Sharecast News) - Mkango Resources, alongside CoTec Holdings, announced a partnership with Maginito on Wednesday to establish HyProMag USA as a 50-50 joint venture entity.

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3 Jan 2024 09:26

Mkango subsidiary joins CoTec to promote magnet scrap recycling in US

(Alliance News) - Mkango Resources PLC on Wednesday said that its subsidiary will partner with CoTec Holdings Corp to roll out scrap magnetic recycling technology in the US.

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12 Dec 2023 15:41

Mkango completes first production run of recycled rare earth magnets

(Sharecast News) - Mkango Resources announced on Tuesday that it has completed its first production runs of recycled rare earth magnets, marking a pivotal moment in securing essential raw materials.

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12 Dec 2023 09:32

Mkango celebrates first production of recycled magnets in Birmingham

(Alliance News) - Mkango Resources Ltd on Tuesday announced the first production of recycled rare earth magnets on commercial scale manufacturing equipment in the UK in over 20 years.

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EARNINGS AND TRADING: Lendinvest completes securitisation

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

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11 Oct 2023 17:24

Mkango Resources hails HyProMag's technology chosen for key project

(Alliance News) - Mkango Resources Ltd on Wednesday said that HyProMag Ltd's rare earth magnet recycling technology has been selected by the Minerals Security Partnership for support as one of its key projects.

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10 Oct 2023 16:36

Mkango reports progress on HyProMag's US ambitions

(Sharecast News) - Mkango Resources, alongside CoTec Holdings, updated the market on the incorporation of HyProMag's rare earth magnet recycling technology in the United States on Tuesday.

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10 Oct 2023 14:28

Mkango rare earth recycling JV advances to feasibility study in US

(Alliance News) - Mkango Resources Ltd on Tuesday said planning for the US feasibility study for its joint venture with CoTec Holdings Corp, HyproMag Ltd, has started, with completion targeted for mid-2024.

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2 Oct 2023 14:32

EARNINGS AND TRADING: Alternative Income REIT raises dividend

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

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