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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Fluormin | LSE:FLOR | London | Ordinary Share | GB00B5PC8898 | ORD 15P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 13.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMFLOR
RNS Number : 6461E
Fluormin PLC
01 June 2012
Fluormin plc
("Fluormin" or the "Company")
MINE REVIEW AND MANAGEMENT CHANGES
LONDON, UK -- (Marketwire - 1(st) June 2012) - Fluormin Plc (AIM: FLOR) announces its engagement of financial advisors to assist it with a review of its Witkop Mine. During this review process, the Company will consult with its key local stakeholders and will continue to evaluate options to reduce costs.
We note that the Company remains well funded with cash and receivables of US$20.9 million (including restricted cash of US$1.9 million) as at 31st May 2012.
Mr. Nicholas Davidoff has resigned from the Board with immediate effect and will be replaced in the role of Non-Executive Chairman by existing board member Mr. James Passin. Mr. Gourley has also resigned as co-CEO, but will remain on the Board as a non-executive and assist the Company in the review process. Mr. Bolton will continue in the role of CEO. The Board wishes to thank Messrs. Davidoff and Gourley for their services in these respective roles.
About Fluormin Plc
Fluormin is a producer of acid grade fluorspar, an industrial mineral widely used in the chemical and aluminum industries for the making of products such as HFCs (Hydrofluorocarbons used as refrigerant gases like Freon (TM)) and aluminum fluoride.
Contact Information
Fluormin plc Mark Bolton, Chief Executive Officer (44)20-7034 7150, mbolton@fluormin.com Westhouse Securities Richard Baty (44)20-7601 6100, richard.baty@westhousesecurities.com Martin Davison (44)20 7601 6100, martin.davison@westhousesecurities.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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