EXECUTIVE CHANGES: AIB Taps Former DCC CFO As Non-Executive Director
Fri, 22nd Jan 2021 14:47
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:
AIB Group PLC - Dublin-based bank - Hires Fergal O Dwyer as an independent non-executive director, effective immediately. O Dwyer retired as chief financial officer of DCC PLC last year, having joined the FTSE 100 support services firm in 1989.
Beazley PLC - London-based specialist insurance - Andrew Likierman to step down from board at end of annual general meeting on March 26, having completed two three-year terms. John Sauerland also will stand down at the AGM.
Fri, 22nd Jan 2021 14:47
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Friday and not separately reported by Alliance News:
AIB Group PLC - Dublin-based bank - Hires Fergal O Dwyer as an independent non-executive director, effective immediately. O Dwyer retired as chief financial officer of DCC PLC last year, having joined the FTSE 100 support services firm in 1989.
Beazley PLC - London-based specialist insurance - Andrew Likierman to step down from board at end of annual general meeting on March 26, having completed two three-year terms. John Sauerland also will stand down at the AGM.
22 January 2021 | 09:53am
StockMarketWire.com - Mining company Vast Resources has appointed Marcus Brewster as the new general manager of its Baita Plai Polymetallic Mine in Romania.
Brewster will start in the new role on 1 March 2021 and will be responsible for leading the development of Baita Plai, as well as providing mentoring and training to further develop personnel.
The company said that production and sales of concentrate at the mine are in line with expectations.
Chief executive Andrew Prelea said: We are delighted to welcome Marcus Brewster to the team as we continue to make demonstrable progress in the ramp up to achieve peak production at Baita Plai in 2021 as well as continue to further confirm the mine s enlarged exploration target of up to 5.8m tonnes.
Vast Resources fails to secure debt financing for Romanian mining project Baita Mine Romania Author (Vast Resources)
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BUCHAREST (Romania), January 7 (SeeNews) - UK-based Vast Resources Vast Resources said on Thursday that it has not been able to secure an asset-backed debt-financing process for its Baita Plai polymetallic mine in Romania.
Vast Resources has been informed by the international banking institution that the credit committee is unable to proceed with the approval of transaction until the completion of certain corporate restructuring at which point the bank will reassess the transaction, it said in a press release. The company has been given to understand that this decision is unrelated to its current mining activity and is not a negative reflection on the company s Baita Plai polymetallic mine, Vast Resources also said in the statement.
Update on Asset Backed Debt Facility
Nachrichtenquelle: globenewswire | 16.12.2020, 08:00 | 107 16 December 2020
Update on Asset Backed Debt Facility Vast Resources plc, the AIM-listed mining company, would like to update the market that the previously announced detailed term sheet from the international banking institution (the ‘Bank’), linked to Vast’s now 100% owned Baita Plai Polymetallic Mine (‘Baita Plai’) in Romania, was presented to the Bank’s credit committee at its meeting held yesterday, 15 December2020, and the final decision is being considered by the committee members. The Company will update the market regarding approval status once confirmed by the Bank. ENDS
Vast Resources plc
Beaumont Cornish - Financial & Nominated Adviser