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Pin to quick picksSolGold Share News (SOLG)

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UK EXECUTIVE CHANGE SUMMARY: Babcock Adds Former MI5 Chief To Board

Tue, 10th Nov 2020 13:48

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

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Babcock International Group PLC - London-based aerospace and defence - Appoints Andrew Parker as independent non-executive director, joining the board immediately. Parker is the former director general of UK national security agency MI5, from 2013 until earlier this year. Meanwhile, David Omand will step down from the board after 11 years at the end of the current financial year in March.

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City Pub Group PLC London-based pub owner and operator - Hires Toby Smith into the new role of chief operating officer, from Tuesday. Smith was the chief executive officer of Stonegate Pub Co. At the same time, Alex Derrick, joint managing director, will leave the company, "in light of the current trading conditions" for UK pubs, which are currently shut for a second lockdown of 2020. "The challenges of COVID will also bring opportunity, and we are seeking to position ourselves to take advantage of opportunities which undoubtedly will arise," remarks Executive Chair Clive Watson. "The pub estate has been locked down far more effectively than the first time. All retail staff and a large number of head office staff are now on furlough."

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IronRidge Resources Ltd - Africa-focused minerals explorer with assets in Ghana, Chad, Gabon and Ivory Coast - Priy Jayasuriya resigns as chief financial officer "by mutual agreement", effective immediately. Appoints Karl Schlobohm as interim CFO while a search for a permanent replacement is conducted. Schlobohm is IronRidge's company secretary and has acted as its CFO in the past.

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SolGold PLC - mineral exploration in Ecuador - Jayasuriya also departs as CFO of SolGold, which appoints Ingo Hofmaier as interim CFO. Hofmaier has been executive general manager for Project & Corporate Finance for SolGold since September of last year.

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Beowulf Mining PLC - Kallak iron ore project in Sweden - Goran Farm steps down as non-executive chair on Tuesday, having been in post for three years. Farm is replaced as chair by Sven Littorin, a former minister for Employment in the Swedish government.

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DeepVerge PLC - Dublin-based skin product testing firm formerly known as Integumen - Adds Nigel Burton to board following takeover of Modern Water PLC. Burton was a non-executive director of Modern Water, and his executive career included investment banking roles at UBS Warburg and Deutsche Bank AG.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
13 Aug 2018 13:11

SolGold Receives Exceptional Results From Drilling At Ecuador Project

LONDON (Alliance News) - SolGold PLC said Monday it received "exceptional" assay results form infill drilling at its Cascabel copper project in Ecuador.The company said the a more

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21 May 2018 14:35

SolGold Discover New Copper And Gold Mineralisation Targets In Ecuador

LONDON (Alliance News) - SolGold PLC said on Monday it has discovered two new copper targets and new mineralised outcrops within the 60 kilometres of potential strike at its two projects in the of

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1 May 2018 13:07

SolGold Hires Mining Lawyer James Clare As Non-Executive Director

LONDON (Alliance News) - Resources firm SolGold PLC on Tuesday announced the appointment of James Clare as a non-executive director.Clare, it said, is a partner of Canadian law firm Bennett

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17 Apr 2018 15:30

SolGold Sees Further High-Grade Extensions At Ecuador Mine

LONDON (Alliance News) - Australian gold and copper mining company SolGold PLC said Tuesday that drilling at the Cascabel project in Ecuador encountered further high-grade extensions.The at

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20 Mar 2018 15:12

SolGold Finds High Grade Gold Mineralisation At Ecuadorian Project

LONDON (Alliance News) -SolGold PLC said Tuesday that it has identified gold mineralisation at the 100% owned Blanca Nieves Project located in northern project is owned by the

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14 Feb 2017 15:36

SolGold gets lucky at Alpala

(ShareCast News) - SolGold announced assay results from Hole 19 at the Alpala deposit, at the company's Cascabel copper-gold porphyry project in Ecuador on Tuesday. The AIM-traded firm said drill hole 19 returned a broad mineralised zone of 1132m grading 0.50% copper and 0.33 g/t gold from 268m dept

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4 Jan 2017 09:06

SolGold finds copper rich Bornite at Ecuador mine

(ShareCast News) - Shares in AIM-listed Sold Gold rose on Wednesday as the miner reported that it found copper rich Bornite at its Ecuador site. The Australian miner said it found over 800m of significant copper mineralisation from 325.6m to current depth 1161.5m at the hole 19 intersection, includi

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22 Dec 2016 16:48

SolGold drilling deeper at Cascabel

(ShareCast News) - SolGold updated the market on exploration at its Cascabel copper-gold porphyry project in Ecuador on Thursday. The AIM-traded company said drill hole CSD-16-018, is at a depth of 1829.7m, extending the rich lower portions of the Alpala deposit, and confirming the deepest mineralis

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5 Dec 2016 10:24

SolGold one of AIM's top 50 companies

(ShareCast News) - Australian gold and copper miner SolGold is to become one of the top 50 companies on AIM, the London Stock Exchange's junior market. The miner is to join the FTSE AIM 50 index, which is made up of the largest AIM companies by market capitalisation, on 12 December. Going forward,

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24 Nov 2016 10:43

SolGold Drilling At Cascabel Intersecting Strong Copper Mineralisation

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10 Oct 2016 08:41

SolGold rejects BHP share deal and Cascabel earn-in, analysts expect new offer

(ShareCast News) - SolGold has rejected an offer from BHP Billiton to buy 10% of the compay for $30m (£24.2m) as well as a $275m earn-in payment for most of the AIM-listed company's share in its Cascabel project in Ecuador. BHP's proposal, which would replace the previously announced $33m financing

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22 Sep 2016 09:11

SolGold Scraps Newcrest Investment Offer As Superior Offer Is Tabled (ALLISS)

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26 Aug 2016 09:42

SolGold placing raises $25.1m in first stage of financing

(ShareCast News) - Australian gold and copper miner SolGold confirmed its shareplacing on AIM on Friday, raising £16.1munder the first tranche of the deal negotiated with Maxit Capital. The proceeds from the capital raising will be used to continue to fund the company's exploration of its flagship C

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25 Aug 2016 15:32

SolGold aims to raise further equity after Friday's share placing

(ShareCast News) - Australian gold and copper miner SolGold's shares soared 24% on Thursday ahead of its AIM share placing on Friday, as it said demand had been strong for its two capital raising initiatives. On 8 July and with a revised offer on 1 August, the company agreed to raise capital through

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9 Aug 2016 14:57

SolGold says Ecuador is a strong exploration and mining destination

(ShareCast News) - Australian gold and copper miner SolGold said Ecuador was becoming a strong exploration and mining destination due to recent developments at other mining companies in the region. Miner Lundin Gold agreed terms on an investment protection agreement for the Fruta del Norte mining pr

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