We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tungsten West Plc | LSE:TUN | London | Ordinary Share | GB00BP6QM557 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -4.55% | 5.25 | 5.00 | 5.50 | 5.25 | 5.25 | 5.25 | 177,199 | 08:00:23 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Iron Ores | 626k | -10.29M | -0.0550 | -0.95 | 9.82M |
TIDMTUN
RNS Number : 2843L
Tungsten West PLC
04 September 2023
4 September 2023
Tungsten West Plc
("Tungsten West", the "Company" or the "Group")
Appointment of Non-Executive Directors
Tungsten West (LON:TUN), the mining company focused on restarting production at the Hemerdon tungsten and tin mine ("Hemerdon" or the "Project") in Devon, UK, is pleased to announce the appointment of Guy Edwards, Adrian Bougourd, and Kevin Ross, who will join the Company as Non-Executive Directors with immediate effect.
Mr. Edwards, who is a fellow of the Institute of Quarrying and has a first-class honours degree in Quarry Engineering, has significant experience within the aggregates industry, previously holding CEO positions at Aggregate Industries UK and Aggregate Industries USA, which had a combined turnover in excess of GBP1 billion. Additionally, he was Managing Director of Midland Quarry Products and has 25 years of senior management experience with Hanson PLC. Mr. Edwards has participated in numerous acquisitions and has extensive experience in aggregates business development. He is currently Integration Director of AIM-listed SigmaRoc PLC and co-founder of sustainability startup company XEROC Ltd.
Mr. Bougourd is part of the Developed Markets team at Lansdowne Partners (UK) LLP, having joined in November 2010. He has previously worked as a European equity, credit and event driven analyst at Perry Capital. Mr. Bougourd is an experienced senior financial analyst who has spent 20 years analysing and advising companies in the industrial and cyclical space across the globe . Mr. Bougourd's experience in capital markets, including in-sourcing and analysing public and private European investment opportunities across industries and the capital structure, will be of significant value to the Board.
Mr. Ross is a European Engineer (Eur Ing) with an honours degree in Mining Engineering from the Royal School of Mines. Across the last 24 years, he has held numerous COO roles for operating and development companies in Greece, Australia and Canada. He has been part of the senior management teams of two acquired companies, Red Back Mining, which was acquired by Kinross, and Orca Gold, which was acquired by Perseus Mining, and is currently the COO of Montage Gold Corp, which is developing a large-scale gold project in Cote d'Ivoire.
David Cather, Chairman, commented: "We are pleased to welcome Guy, Adrian and Kevin to the Board. Their wide range of expertise across the aggregates and mining industries, capital markets, financing, and company and project development will add further value, guidance and support to the Tungsten West team as it continues to progress Hemerdon towards production. The Company remains focused on working towards the final permit approvals for the Project."
AIM Rules for Companies, Schedule 2(g) Disclosures
Guy Charles Edwards
As required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Mr Guy Edwards, aged 57, currently holds or has held the following directorships and partnerships in the last five years:
Current Directorships Past Directorships (in the last five years) Mineral Products Association XEROC Ltd Limited -------------------------------- Aggregate Industries South West Guy Edwards Consultancy Limited Limited -------------------------------- Lafarge Cauldon Limited -------------------------------- Aggregate Industries UK Limited -------------------------------- Aggregate Industries Limited -------------------------------- Foster Yeoman Limited --------------------------------
Mr Edwards does not hold any ordinary shares or options in the Company.
Adrian Richard Bougourd
As required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Mr Adrian Bougourd, aged 41, currently holds or has held the following directorships and partnerships in the last five years:
Current Directorships Past Directorships (in the last five years) None None ---------------------------
Mr Bougourd does not hold any ordinary shares or options in the Company. He is the appointed representative of Lansdowne Partners (UK) LLP, which controls, on behalf of its clients, 9.41% of the Company, and whose clients have a further interest in the Company via a CLN announced on 3 April 2023.
Kevin John Ross
As required by Schedule 2(g) of the AIM Rules for Companies, the Company confirms that Mr Kevin Ross, aged 69, currently holds or has held the following directorships and partnerships in the last five years:
Current Directorships Past Directorships (in the last five years) 33 RYC Management Company Limited Great Panther Mining Limited ----------------------------- Montage Gold Corp -----------------------------
Mr Ross does not hold any ordinary shares or options in the Company.
Mr Ross was a director of Great Panther Mining Limited until August 2022 before it filed an intention for bankruptcy in September 2022. The shortfall to creditors to creditors is not yet known but is expected to be c. C$ 50 million.
Other than as provided in this announcement, no other disclosures in relation to Mr Adrian Bougourd, Mr Guy Edwards or Mr Kevin Ross are required under Rule 17 and schedule 2 (g) of the AIM Rules for Companies.
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.
Ends
For further information, please contact:
Enquiries
Tungsten West Strand Hanson Neil Gawthorpe (Nominated Adviser and Financial Tel: +44 (0) 1752 278500 Adviser) James Spinney / James Dance / Abigail Wennington Tel: +44 (0) 207 409 3494 BlytheRay VSA Capital Limited (Financial PR) (Financial Adviser and Joint Tim Blythe / Megan Ray Broker) Tel: +44(0) 20 7138 3204 Andrew Raca / Andrew Monk Email: tungstenwest@blytheray.com Tel: +44 (0)20 3005 5000 Hannam & Partners (Joint Broker) Andrew Chubb / Matt Hasson / Jay Ashfield Tel: +44 (0)20 7907 8500
Follow us on twitter @TungstenWest
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
BOAKZLBBXKLLBBZ
(END) Dow Jones Newswires
September 04, 2023 05:28 ET (09:28 GMT)
1 Year Tungsten West Chart |
1 Month Tungsten West Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions