La Mancha & Glencore personnel linkages…who’s also to come in? Orion ?27 Nov 2023 11:02
Karin Nasr is Managing Partner and Co-Chief Investment Officer of La Mancha Resource Capital LLP (“La Mancha”), which advises La Mancha Resource Fund SCSp, one of the Company’s major shareholders. Mr. Nasr has over 25 years of experience in corporate finance and investments, including experience of restructurings in Brazil. Mr. Nasr will step down from his day-to-day executive role within La Mancha to devote himself to Horizonte and put in place a financing plan to restart construction.
Paul Smith
Paul Smith is a corporate finance professional and senior board member with extensive experience of driving industry-leading performance at natural resource focused companies. Mr. Smith is a co-founder of Voltaire Minerals Partners, which provides innovative solutions to the critical minerals supply chain, and is also a Non-Executive Director at Seadrill (NYSE:SDRL), a global offshore drilling business for the oil and gas industry, Echion Technologies, the world’s leading supplier of niobium-based anode materials and Bunker Hill Mining Corp TSXV:BNKR. He was until recently Executive Chairman at Trident Royalties (LON:TRR), a mining royalty business.
Mr. Smith worked for Glencore plc (“Glencore”) from 2011 to 2020 where, as Head of Strategy, his principal areas of focus were capital markets, M&A and capital allocation. During this period, Glencore successfully completed numerous large scale corporate and capital markets transactions, most notably a US$90 billion merger with Xstrata Plc.
He was also the CFO of Katanga Mining Limited, Glencore’s TSX-listed and DRC-based subsidiary from 2019 until its de-listing in 2020. He represented Glencore as a non-executive director of Lonmin plc and Glencore Agriculture Ltd, and chaired Glencore Technology from 2013-2015.
New Management and Board Appointments
The Company is pleased to announce the following proposed appointments (subject to receipt of the usual director certifications where applicable in accordance with the AIM Rules) with FURTHER proposed Board directors expected to be announced in the coming weeks.
Sign In
Follow the stocks
