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Pin to quick picksMetals Exploration Share News (MTL)

Share Price Information for Metals Exploration (MTL)

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Share Price: 5.10
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Change: -0.15 (-2.86%)
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Open: 5.25
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EXECUTIVE CHANGES: M&S taps Mars exec; new Metals Exploration chair

Thu, 22nd Apr 2021 16:10

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

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Marks & Spencer Group PLC - London-based food, clothing and homewares retailer - Hires Fiona Dawson as non-executive director, starting May 25. Dawson is global president of Mars Food, the London-based arm of McLean, Virginia-based Mars Inc.

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Metals Exploration PLC - natural resources firm with assets in Pacific Rim, including Runruno gold project in Philippines - Hires three new non-executive directors, with one to be chair. David Cather will be independent non-executive chair. He is formerly chief executive officer for mining of Abu Dhabi Capital Group and also CEO of Avocet Mining PLC. Avocet was a former London listing that was placed into administration in 2019, though Cather left in 2017. Jeremy Wrathall will be independent non-executive director. He is CEO of Cornish Lithium Ltd and formerly was global head of Natural Resources in London at Anglo-South African bank Investec. Andrew Chubb will be non-executive director. He is a partner and head of Mining at investment bank Hannam & Partners.

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Bidstack Group PLC - London-based in-video-game advertising - Appoints Glen Calvert as independent non-executive director, while Chief Operating Officer Lisa Hau is promoted to the board as executive director, both from Thursday. Calvert is COO of esports team Fnatic Ltd. Bidstack told its annual general meeting on Thursday its pipeline for further "AAA and high-fidelity" titles is robust, as game developers turn to ads as an additional source of monetisation. It confirmed earlier guidance that 2021 revenue will be "materially greater" than in 2020 but will be significantly second-half weighted. Revenue in 2020 was GBP1.7 million, though Bidstack's pretax loss widened to GBP7.0 million.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
25 Jan 2019 10:04

Metals Exploration Hires New Interim Chair Following Board Departures

LONDON (Alliance News) - Metals Exploration PLC on Friday said it has appointed a new interim chair, a day after its former chair and finance chief left.Guy Walker, a current non-executive

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24 Jan 2019 14:04

Metals Exploration Non-Exec Chair And Chief Financial Officer Resign

LONDON (Alliance News) - Metals Exploration PLC on Thursday said Non-Executive Chair Ian Holzberger has resigned with immediate effect.Furthermore, Chief Financial Officer Andrew Rodgers He

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4 Jan 2019 14:26

Metals Exploration gets extension to short-term loan conditions

(Sharecast News) - Metals Exploration confirmed it had received an extension to its short term loan with MTL Luxembourg on Friday.

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4 Jan 2019 11:06

Metals Exploration Lenders Agree To Extend Loan Consolidation Deadline

LONDON (Alliance News) - Metals Exploration PLC on Friday said the lenders of a USD6.6 million short term loan have approved an extension of deadline to the end of January, to allow the company to

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3 Jan 2019 10:05

Metals Exploration Appoints CEO From Colombian Gold Miner Minesa

LONDON (Alliance News) - Metals Exploration PLC said Thursday that it has appointed Darren Bowden as chief executive officer, effective immediately.Share price in the natural resources more

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6 Dec 2018 14:26

Metals Exploration Seeks CEO As Executive Chairman Goes Non-Exec

LONDON (Alliance News) - Metals Exploration PLC said Thursday that Ian Holzberger will shift from executive- to non-executive chair, and it has started the search for a chief executive officer as

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22 Nov 2018 13:48

Metals Exploration Agrees Standby Loan With Two Shareholders

LONDON (Alliance News) - Metals Exploration PLC said Thursday it has agreed an unsecured standby loan facility with two of its major shareholders, as the company works towards realigning its and a

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5 Nov 2018 13:07

Metals Exploration Secures Waiver To Extend Debt Repayment

LONDON (Alliance News) - Metals Exploration PLC said Monday it secured a waiver from its senior lenders for the payment of capital amounts of USD35.6 million until the end of January natural said

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2 Nov 2018 10:17

Metals Exploration resumes ops at Runruno after Typhoon Rosita cleanup

(Sharecast News) - Metals Exploration on Friday said mining and processing operations at its Runruno project in the Philippines had resumed after temporary repairs to the site's bridge crossing.

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25 Oct 2018 13:32

Metals Explorations Sells More Gold Quarterly Despite Software Error

LONDON (Alliance News) - Metals Exploration PLC said on Thursday its overall mining operations continued to improve in the third quarter, however ore production was restricted due to an error in

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9 Oct 2018 14:45

Metals Exploration Shares Fall As Runruno Dropped To 80% Capacity

LONDON (Alliance News) - Metals Exploration PLC on Tuesday said it will run its Runruno mining operation in the Philippines at 80% capacity in October and November.Shares in the natural 21%

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28 Sep 2018 12:15

Metals Exploration Interim Loss Deepens On Costs, Gold Output Boosted

LONDON (Alliance News) - Metals Exploration PLC said Friday its interim loss deepened despite revenue rising on higher gold production as costs rose sharply.For the six months ended June, a

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29 Aug 2018 12:34

Metals Exploration Shares Fall As It Asks For New Debt Payment Waiver

LONDON (Alliance News) - Metals Exploration PLC shares fell Wednesday as it said it will not meet to amended deadline for capital payments on its debt on Friday.Metals Exploration was 25% a

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31 Jul 2018 12:31

Metals Exploration To Defer Capital Payment Until August

LONDON (Alliance News) - Metals Exploration PLC said on Tuesday its senior lenders, HSBC Corp Ltd and BNP Paribas SA, have consented to a waiver request to defer three capital payments until debt

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25 Jul 2018 11:42

Metals Exploration Secures USD4 Million Financing To Partly Repay Debt

LONDON (Alliance News) - Metals Exploration PLC on Wednesday said it has agreed a USD4 million loan facility from major shareholders Sarl Ltd and Runruno Holdings Ltd.The stock was trading

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