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Metals Exploration Non-Executive Simovici Leaves, Stancliffe Replaces

Tue, 5th Feb 2019 12:00

LONDON (Alliance News) - Metals Exploration PLC on Tuesday said it has appointed Andrew Stancliffe as a non-executive director, effective immediately.

The AIM-listed miner said Stancliffe has been nominated as a director by MTL Luxembourg Sarl Pte Ltd in accordance with an agreement signed in April 2011.

Stancliffe's appointment is in replacement to Lucian Simovici, MTL Luxembourg's previous nominated director, whose resignation is effective immediately. Simovici had been a member of the board since January 2015.

Stancliffe is currently a director of Capital Financial Markets Ltd. He holds no shares, warrants, options or any other financial instruments in Metals Exploration.

Metals Exploration shares were trading 0.3% higher on Tuesday at 1.45 pence each.

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Metals Exploration Renews Again Standstill Agreement With Lenders

LONDON (Alliance News) - Metals Exploration PLC on Monday said it renewed once more a standstill agreement with its lenders and major shareholders for a further month until June 28.The the

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