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Another AIM Mining company de-listed after venturing into Chile . Very Familiar story we have come costumed to !!
Hope our expected adventure doesn't end up in the gutter .
Herencia Resources Wants To Rejoin LSE Following Cancellation
Tue, 27th Aug 2019 13:46
(Alliance News) - Herencia Resources PLC on Tuesday said it will be looking to relist on the London Stock Exchange, despite having been removed.
Herencia shares were cancelled from trading on AIM on Tuesday after the firm failed to appoint a new nominated advisor. Previous nomad WH Ireland Ltd resigned on July 30, and shares have been suspended from trading since February 25.
"The company is continuing to develop its portfolio and will seek a relisting on the London Stock Exchange as a new applicant as soon as possible. A delisting is not a new obstacle, given the company will undertake to produce an admission document for the relisting as a new applicant on the LSE, engaging in a regulatory process which is essentially the same as is required for a reverse takeover," said Herencia.
"There can be no guarantee either or both proposed transactions will complete in order to achieve this. The company will update shareholders as and when it is appropriate to do so."
The plan would be to review current copper assets in Chile, and look for other copper or gold acquisitions in South America. Herencia would be recapitalised, and a new nomad would be hired ahead of a capital raise post-relisting.
For all those who will hold shares in a De-listed company , what are the chances of AVN re-listing under another name in few years time ? Also if the company doesn't register with specialist Broker such asset match then there is no means for PI's to sell there holdings ? Our best hope is for a Take over in the future, unless we are diluted to oblivion !
Bring - These False Statements over a Long period of Time should be read Out To Borrelli at the AGM - remind him of the ALL Ball 8hIT he spews out and all the False dawns over the last for 4-5 yrs .
Its got to a stage now if the whole thing was to close at least we could Move ON in our lives . Some or All will loose there Hard earned money , retirement plans may have been effected , AB has no real under standing of the Impact his actions have had on others . He has few Million in the Bank so why should he care .
Good Luck to ALL going to The AGM - i hope we have Our Day !!
Bring - you have summarized nicely. I hope these Questions are directed at the BOD at the AGM !!
I strongly recommend Shareholders to attend , this is virtually everyone's last chance to have Face to Face with BOD.
There are happy taking your hard earned money and flushing if down the Pan . Sad state of affairs for a investment which has been ruined by incompetence of the Highest Order.
Tiger Resource Plc announces that it has been notified that Mr Colin Bird, Executive Chairman of the Company, has purchased 1,000,000 shares of 0.1p each in the Company ("Ordinary Shares") on Friday 31 May at a price of 0.34 pence per share.
Following this transaction, Mr Colin Bird holds a beneficial interest in 20,180,750 Ordinary Shares representing 10.68 per cent of the Company's issued share capital.
Merlin - if you havn't joined already ..... instructions below :
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Barno - look at this video from JLP , its telling a different story . Kabwe is a going to be important revenue stream for JLP - so why would / has BMR under value this asset - Could it be CB dictating to AB , ie my Way or No Way !!
The latest update from Leon shows how important Kabwe is to JLP - there going to make serious money from this site .
Hanging on to The royalty is our best option now. If that goes ? Kiss goodbye to our investment .
Well Well , Colin Bird is listed as a Director. he Has 1.34% stake in RRC.
Name Age Since Title
Timothy J. Beale 61 2014 President, Chief Executive Officer & Director
Michael D. Winn 57 2014 Chairman
Douglas Reed, CPA 41 2014 Chief Financial Officer
Colin Bird 71 2014 Independent Director
Raymond Jannas, PhD - 2014 Independent Director
Ralph Rushton 56 2017 Independent Director
Chiara Orrigoni - 2014 Manager-Investor & Media Relations
Kim C. Casswell 63 2014 Secretary
John Davidson, PhD
Looks like JLP are going places - Kabwe mentioned by Leon in this presentation , this was our best & only real asset and now others are going to reap the words , AB decisions have been totally disastrous for us BMR shareholders .