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Ferro-Alloy Resources announce completion of Vision Blue Resources initial investment

Ferro-Alloy Resources announce completion of Vision Blue Resources initial investment ....

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Ferro-Alloy Resources Ltd boosted as Vision Blue makes further investment

Sir Mick Davis, former head of Xstrata Alloys, is to become chairman in the coming days.
Ferro-Alloy Resources Ltd (LON:FAR) shares were boosted as it banked investment from Vision Blue Resources, named its next chairman and provided an update on its Balausa vanadium concentrate project in Kazakhstan.
Vision Blue has made a US$1.6mln investment in the company, taking its total investment US$3.1mln.
Sir Mick Davis has been appointed as chairman, due to start after June 3. The company noted that Davis was formerly head of Xstrata Alloys, one of the world’s largest vanadium producers.
Davis, in a statement, said: “Since Vision Blue s initial investment in March we have worked closely with the team at FAR to identify areas where we can work together to optimise the Balausa Project feasibility study to maximise value and reduce development risks. ....

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Investegate |Ferro-Alloy Rsrcs Announcements | Ferro-Alloy Rsrcs: Strategic Investment & Appointment of Chairman

Investegate |Ferro-Alloy Rsrcs Announcements | Ferro-Alloy Rsrcs: Strategic Investment & Appointment of Chairman
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Ferro Alloy appoints chairman

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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Ferro Alloy appoints chairman

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Ferro Alloy appoints chairman
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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