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Lionsgold appoints corporate lawyer Michael Corcoran as its interim chairman with immediate effect

Lionsgold said concurrently with Corcoran joining the board, David Price, its non-executive chairman, has stepped down from the board to focus on his role as CEO of a separate company
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Corcoran was formerly a partner at Kerman & Co LLP and is currently engaged as a Consultant at Hill Dickinson LLP

Lionsgold Limited (LON:LION) has announced the appointment of Michael Anthony Corcoran as its interim chairman and non-executive Director with immediate effect. 

The AIM-listed gold company, focused on the exploration, production and retail application of physical gold, including the development of the gold currency Goldbloc, said concurrently with Corcoran joining the board, David Price, its non-executive chairman, has stepped down from the board to focus on his role as CEO of a separate company.

READ: Lionsgold prepares to pilot GOLDBLOCK mobile banking app

The group said Corcoran is an experienced corporate lawyer, focused on the London Stock Exchange AIM Market and Standard List, who has been lead adviser on over 20 Initial Public Offerings and Reverse Takeovers and advised on secondary fundraisings of more than £500m in aggregate. 

He was formerly a partner at Kerman & Co LLP and is currently engaged as a Consultant at Hill Dickinson LLP, it added.

The firm said, as it continues to grow its business scope and operations over the coming months, it is anticipated that there will be further additions to the board, including the appointment of a permanent non-executive chairman.

Cameron Parry, Lionsgold’s chief executive officer commented: "Michael is a highly experienced and commercially-minded corporate lawyer with extensive experience working with and advising quoted public companies operating in the financial technology and natural resources sectors and we are very pleased he has joined the Company at Board level.”

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