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Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "We are very pleased to welcome Otto Richter in the role of Group Mining Engineer at Greatland. To appoint someone of Otto's calibre and skillset in this newly created role is a significant addition to the Company and reflects the scale of the opportunity ahead. His underground expertise across multiple mining methods coupled with local knowledge of Telfer will be invaluable as we progress with mine development at Havieron. This appointment further enhances Greatland's organisational capability as we continue to transition into a leading development and exploration company."
Try reading the RNS instantexpert
For the avoidance of doubt £150,000 of Atlas Convertible Bonds remain outstanding.
Picked up 100k 1p cheaper than placing
Appointment of Chief Financial Officer
Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce the appointment of Christopher Toon as Chief Financial Officer of the Company, in a non-Board role, with effect from Monday 12 July 2021.
Christopher is a senior finance professional with a track record of overseeing the development of fast-growing mining businesses. Since beginning his career as a chartered accountant with PwC, Christopher has held senior finance roles with a number of SGX and ASX listed businesses, including Sakari Resources Limited, Aquila Resources Limited, Iluka Resources Limited and most recently with Sandfire Resources Limited.
Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "We are delighted to welcome Christopher as our new CFO. An experienced and respected operator, Christopher brings considerable expertise in guiding publicly quoted mining companies through periods of rapid growth and transformation. This skillset will be an immense asset to Greatland as we progress Havieron up the value curve and develop the wider business."
Commenting on his appointment, Christopher Toon said: "Greatland is regarded across Australia as one of the most exciting and dynamic companies in the natural resources sector. Underpinned by its world-class flagship asset, tier one partner and exploration profile, the business is now entering a key growth phase and is well placed to scale at speed. I look forward to working with Shaun, the Board and the wider team to support these ambitious plans."
Metal Tiger plc
("Metal Tiger" or the "Company")
Southern Gold Update
Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resource opportunities, is pleased to note Southern Golds’ announcement relating to the execution of a definitive agreement with Bluebird Merchant Ventures (“BMV”) relating to the exchange of its 50% joint venture interests in the Gubong and Kochang projects in exchange for up to 200 million shares in BMV at a deemed issue price of US$0.05/share with a nominal value of US$10 million (c. A$13.2 million).
Metal Tiger is interested in 40,794,000 Southern Gold shares, representing approximately 19.1% of the company’s issued share capital, and 7,284,500 2-year A$0.18 warrants.
A link to Southern Gold’s announcement released today is set out below:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02389009-2A1305977?access_token=83ff96335c2d45a094df02a206a39ff4
For further information on the Company, visit: www.metaltigerplc.com
18 June 2021
W Resources Plc
("W" or the "Company")
Subscription by Michael Masterman
and additional issues of Shares
W Resources Plc (AIM:WRES), the tungsten, tin and gold mining Company with assets in Spain and Portugal, announces that Symmall Pty Limited, as trustee of the Masterman Superannuation Fund of which Mr Michael Masterman (a director of the Company) is both a beneficiary and trustee, has subscribed for 3,125,000 ordinary shares of 0.1p per share ("Ordinary Shares") at 8p per Ordinary Share to raise £250,000 (the "Subscription") on the same terms as the placing announced on 17 May 2021, including 1 warrant for every 2 Ordinary Shares subscribed for. The warrants are exercisable at any time in the two years following admission of the Subscription shares to trading on AIM at an exercise price of 12p per share.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
As announced on 17 May 2021, Mr Masterman was obliged to wait until the publication of annual results for the year ended 31 December 2020 as well as the subsequent announcement of progress in dewatering La Parrilla of 16 June 2021 before being able to subscribe for shares.
Related Party Transaction
The participation in the Placing by Symmall Pty Limited falls to be treated as a related party transaction under Rule 13 of the AIM Rules for Companies. The independent W directors, being the W directors other than Mr Masterman consider, having consulted with the Company's nominated adviser Grant Thornton UK LLP, that the terms of the share subscription are fair and reasonable insofar as the Company's shareholders are concerned.
In addition, the Company has issued 3,709,711 Ordinary Shares of 0.1p per share at 7.43993p per Ordinary Share, amounting to £276,000. Of these, 163,700 shares have been issued to Atlas Special Opportunities, LLC in full settlement of outstanding interest and a further 3,546,011 shares have been issued to a creditor.
Settlement and Dealings
Application has been made for the 6,834,711 Ordinary Shares being issued in connection with the Placing and the creditor settlement to be admitted to trading on AIM ("Admission"), with Admission expected to occur on or around 25 June 2021.
Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:
“We are excited to report that the processed results of Armada’s airborne geophysics survey have identified 14 conductive bodies distributed along the entire length of the 25km long Libonga-Matchiti Trend, providing further validation of the Ni-Cu sulphide exploration potential of the survey area. Armada are prioritising drilling targets in the Libonga North and Matchiti Central target areas for a planned drilling programme which would commence following the planned ASX listing, with further details expected in due course.”
Just read this and it reminded me of a share I’m invested in :-
Does this story sound familiar ??
There’s nothing I hate more than seeing big companies walk all over the little guy.
In the past few months, I’ve been investigating companies that look like they’re being manipulated. (It started with Gilead Sciences.) One thing I’ve found in common, is that lot of these manipulated companies have ties to BlackRock. (They’re usually a large stakeholder.)
What I think is happening is this:
BlackRock might be paying a troll factory to post negative comments about a stock. This creates negative sentiment which leads to selling. Which triggers algorithms and leads to more selling. Meanwhile, BlackRock might be shorting the stock. This sends the stock to all time lows, and then BlackRock probably buys all they can. Or in the case of GasLog, they buy the entire company.
The GasLog deal is the worst example of Wall Street fraud and treacherous behavior by management that I have ever seen in recent memory.
Management should be investigated for side deals. Why are they selling so cheap? What else are they getting? Were they promised cushy positions in the new GasLog? Spots on the board of directors of other companies?
This entire deal is completely nuts because it appears to be legal theft.
Everyone should protest this. Post comments on all the message boards. Contact the SEC. Contact your representatives. Contact news agencies.
If this buyout is allowed to proceed at this ridiculously low price, then no company is safe.
Otherwise, it becomes a case of, “First they came for GasLog and I said nothing…”
This era of investing will one day be regarded as the age of fraud. While I won’t be opening a position in GasLog, I am hoping that either the buyout is called off, or BlackRock is forced to pay a much higher price.
As of this writing, the stock is trading at $5.85, which is 5 cents higher than the buyout price, which to me says many investors feel as I do.
Good luck out there.
Crux must have taken part in the placing (The placement brings new institutional investors on to the register, strengthening institutional participation in the register) as the day they crossed the threshold is the same day that the placing shares were admitted to trading
Crux Asset Management a Leading Boutique Asset Management Firm, Specialising In UK And European Investments. Award-Winning, Privately Owned UK Based Fund Management Group.
Taken a 5.16% position - they must see value
A once great name is no more - you will be missed just like Woolworths and C &A :)
Michael McNeilly, Chief Executive Officer of Metal Tiger, commented:
“We are very pleased to report that following the efficient mobilisation of equipment and personnel to the KIT-E Project site, drilling has now commenced at the start of an exciting new drilling programme, focussed on the discovery of new copper/silver deposits, located in close vicinity to existing mine infrastructure, which is currently under construction and commissioning, in the Kalahari Copper Belt.
This drilling program will significantly enhance our understanding of the Kit-E licence area and drive significant value for shareholders.
We are hopeful that this work will continue Metal Tiger’s successful track record investing in copper discoveries in Botswana and we look forward to sharing further updates and results as the programme progresses.”
Commenting on the commencement of the Drill Programme, Martin Holland, Cobre’s Executive Chairman and Managing Director, said:
“I am very pleased to be able to advise drilling is underway on KML’s priority targets for structural and dome style mineralisation. These styles have been shown by our neighbours in the Kalahari Copper Belt to hold the highest grade mineralisation, with the potential to be in near surface positions. I eagerly anticipate the results of this maiden drilling programme for the new KML joint venture with our partner, Metal Tiger plc.”
Great news :)
With tin prices up 100% in the last six months, strong tungsten prices and materially improved plant performance we expect a strong second half of 2021."
After over 4 long yrs invested we are due some good news. Let’s hope Sandfire news tonight lights the fuse for a re rate:)
Interesting tweet saying that Jetcrete part of Byrnecut mining was on site at Havieron ??
https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiBx9be3pjwAhVxt3EKHab1AxYQFjAAegQIARAE&url=https%3A%2F%2Fwww.byrnecutmining.com%2F&usg=AOvVaw3Pl6XktGGmSorh4kdluk9h
GIT thanks for the blocking advice- I do like to see their posts as they get more and more desperate. As things continue to improve they will need to up their game and i find that fascinating
Have a good weekend :)
You can’t ship what you haven’t produced - enjoy the weekend :)
"We are making good progress this month and have already shipped 40t of tungsten concentrate and 19.3t of tin concentrate, with further shipments confirmed in the coming weeks."
Income generation is what it’s all about - nice start to the second quarter :)
Wonder how long before the first troll posts - they normally clock on at 7am ready for any RNS
W Resources Tweet
Tin hits 5 year high and Tungsten 2 year high supported by tightening supply and healthy demand #tungsten #wres http://metalbulletin.com/Article/398498…