China Africa Share Discussion Threads

[mike_f] 23/3/2017 10:40

Being minor it should be sorted pretty quickly then onwards and upwards! GLA

[soulsauce] 23/3/2017 09:36

RNS and reason for delay, minor legal issue.

[soulsauce] 23/3/2017 09:13

A poster on lse claims the ticker will be PERE.

[soulsauce] 23/3/2017 08:58

Answers on a post card myst?

[myst1] 23/3/2017 08:50

What's holding the RNS re name change up?

Have they got other news to issue with the RNS and this is delaying it?

[uknighted] 23/3/2017 07:58

There already is a PEMB and a PEMV so my guess for the new epic would be PMBR.

[mike_f] 23/3/2017 07:51

My money is on PEM

[soulsauce] 23/3/2017 07:49

comedy I hope at some stage they will RNS with all the relevant information from the GM.
Surely the ticker must change.

[comedy] 23/3/2017 07:36

Is the ticker changing?

[mike_f] 23/3/2017 07:31

Pembridge Resources plc (previously China Africa Resources plc) is an AIM listed natural resource exploration and development company. It is a Rule 15 Cash Shell seeking a reverse takeover transaction primarily focused on the energy metals and minerals sector.

[comedy] 22/3/2017 14:44

has the spike down been generated to make the 293k look a sell when it was a buy????

[soulsauce] 22/3/2017 13:25

Nice one thanks, hopefully a RNS to follow.

[uknighted] 22/3/2017 13:23

Website updated to read Pembridge Resources. It's official.

[mike_f] 21/3/2017 14:55

Name change tomorrow, let's see if any other news accompanies it and what sort of interest levels we get. Rewards far outweigh the risks here IMO. GLA

[mike_f] 20/3/2017 09:20

Good start! Name change days away :)

[vivgav] 20/3/2017 08:41

Blue Monday

[soulsauce] 19/3/2017 20:52

Big week coming up let's see what the name change brings.

GL all

[comedy] 18/3/2017 18:04

Think that was due to pj selling out???from share price move up on Friday think overhang gone
This week hopefully we get some additional news on top of name change.

[soulsauce] 18/3/2017 09:39

myst1 indeed, and since when does a small Aimer employee a President?

Hopefully a few more people will start waking up to what is possible here.

SMA also have a very good BoD but I would argue not the calibre of this one and possibly less cash with no assets as opposed to our copper and uranium interests and they are valued £1m more than us.

[myst1] 18/3/2017 06:17

More on Peter Bojtos President:

hxxp://www.miningmarkets.ca/news/how-a-love-of-rocks-made-peter-bojtos-a-director-in-demand/

Do you think he would become president of CAF if he didn't think something big was in the offing? Just waiting for name change next week before announcements IMO.

[myst1] 18/3/2017 05:14

Reminder of the details of the new BOD set up during the last few weeks. This for a company with a MC of 2 million pounds! I think a RTO is nailed on. This calibre of management wouldn't be involved otherwise:

David Linsley, formerly the Executive Director of Behre Dolbear, has been appointed as Chief Executive Officer with immediate effect;

Mr Linsley has developed strong relationships with institutional funds internationally, including in Europe and the US. In addition, Mr Linsley has been involved in numerous financings in the mining and resources sectors around the world and has sat on the boards of several mining companies.

Previously, Mr Linsley was a co-founder in 1998 and CEO of Cross Asset Management Ltd, a UK- based hedge fund management company which managed $500 million in assets across a number of strategies including Event Driven Equity and Credit. As a multi-strategy Europe-focused arbitrage firm Cross was involved in mergers, corporate restructurings, IPOs and private placements across Europe.
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Mr Peter Bojtos has been appointed President with responsibility for project origination and development with immediate effect.

Peter Bojtos is a Professional Engineer with over 40 years of experience in the mining industry and a strong background in corporate management; including all facets of the industry from exploration through the feasibility study stage to mine construction, operations and decommissioning.

Over his career he has visited and evaluated properties in over 70 countries carrying out approximately 20 significant corporate acquisitions, mergers or sales that involved 24 operating mines. Mr. Bojtos has participated in the financing, development, building or reopening of 19 mines and has had a hand in the operation of 24 producing mines.

David Linsley, Chief Executive Officer, commented:

'When the opportunity to develop China Africa Resources presented itself my first call was to Peter. Having worked together over the past three years on a number of opportunities I knew Peter would be the perfect person to add to the team. Given his expertise and knowledge he will undoubtedly play a major role in the development of the Company as we look to deliver our strategy sourcing the most appropriate opportunities and projects to invest in.

Peter Bojtos, President, said:

"I am delighted to join David and the team at this early stage and look forward to evaluating and developing opportunities that I feel would be appropriate for the company. David has put together an exceptional team of renowned industry experts with a knowledge base across numerous commodities and geographies. This will ensure the company is well placed and has the skill sets to move quickly in evaluating potential deals and creating shareholder value."
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Mr Guy Le Bel has joined our advisory board with immediate effect.Guy Le Bel has more than 30 years of international experience in strategic and financial mine planning. Until recently, he served as Vice President Evaluations for Capstone Mining Corp. and is a Director of Golden Queen Mining and RedQuest Capital Corp. Previously, Mr. Le Bel was VP, Business Development at Quadra Mining Ltd., and prior to that held business advisory, strategy and planning, business valuation, and financial planning management roles at BHP Billiton Base Metals Ltd., Rio Algom Ltd. and Cambior Inc. Guy has extensive experience across precious and base metals industries in the Americas.
Guy holds an MBA Finance from École des Hautes Études Commerciales, a Master Applied Sciences, Mining Engineering - University of British Columbia and a B.Sc. Mining Engineering from Université Laval.

David Linsley, Chief Executive Officer, commented:

'I have known Guy for a number of years and am delighted that he has agreed to join our advisory board. Guy's knowledge will help us in delivering on a strategy of creating a diversified portfolio of investments in the junior mining space"

"Attracting someone of Guy's calibre to the company is a clear statement of intent. He is well known in our industry with an extensive network from which to help us build our business as well as a wealth of experience of evaluating and delivering value from mining projects.

Guy Le Bel, said:

"This is a very exciting time for the Company. Industry sentiment is improving and there are numerous opportunities available in the jurisdictions and commodities that we are interested in. Utilising our in-house expertise I believe we have the potential to deliver significant value to the Company."

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Appointment of Frank McAllister to Advisory Board. Francis R. McAllister has over 50 years' industry experience having held various senior and Board positions in a number of metals and mining companies. He started his career at ASARCO Incorporated where he worked between 1966 and 1999; here he held various positions ultimately being named ASARCO's Chief Financial Officer in 1982 and then Executive Vice President of Copper Operations in 1993. Frank eventually became ASARCO's President and Chief Operating Officer before becoming Chairman and Chief Executive Officer in 1999.
In 1996 he became an Independent Director of Cliffs Natural Resources Inc and its Lead Director from 2004 to 2013. During the same period, he was also Chairman, CEO and a Director at Stillwater Mining Co, after which he became President of the National Mining Association.
Mr. McAllister holds an MBA from New York University, Bachelor of Science in Finance from the University of Utah and attended the Advanced Management Program at Harvard Business School.

David Linsley, Chief Executive Officer, commented:

'It gives me great pleasure to announce Frank's appointment. His experience in the development of mining assets is unparalleled. Frank's knowledge will undoubtedly help us not only source compelling opportunities, but will also allow us to leverage his skill sets to help reduce the risk in our investments in the mining space."

"Being able to secure Frank's participation is a significant coup for our company, and I look forward to working alongside him as we look to develop opportunities in this space."

Frank McAllister said:

"I am delighted to be joining the Advisory Board at this juncture. The Company's strategy of creating a diversified portfolio of investments, as well as the team that is being put together, immediately appealed to me. I believe that the timing is right to develop China Africa Resources, and look forward to working with David and the team to deliver this."

[euclid5] 17/3/2017 18:57

They have until 11 July 2017 to complete the RTO as noted in their RNS below

AIM Rule 15 Cash Shell Status

Consequently, China Africa continues to be required to complete a reverse takeover within six months of 11 January 2017 or face suspension from trading on AIM.

[mike_f] 17/3/2017 12:22

Full ask to buy now! Bit of blue today perhaps? Could be an exciting week next week.

[soulsauce] 16/3/2017 16:31

Yes Mike hopefully his selling might stop just in time for the name change.