Chesterfield Resources PLC - copper and gold explorer in Cyprus and Labrador, Canada - Appoints Kashif Afzal as executive chair, effective immediately and replacing Paul Ensor, who will become a non-executive director. Chief Financial Officer Ajay Kejriwal will continue as CFO but loses his executive position. "The changes are to prepare the company to be best placed to exploit its existing assets as well as review additional opportunities as they arise," Chesterfield says. Executive Chair Afzal said: "The board changes announced today are to enhance the strategic decision making at the company and continue in our efforts to conserve assets and avoid unnecessary dilution."
Current stock price: 0.60 pence each, up 33% on Wednesday afternoon in London
12-month change: down 52%
By Tom Budszus, Alliance News slot editor
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Chesterfield R. (CHF)