Mariana Resources Limited (LON:MARL) expects to de-list from AIM on or around 4 July, with its TSXV shares being cancelled shortly after, following its acquisition by Canada-listed Sandstorm Gold.
The deal has received the backing of Mariana shareholders and the gold and copper explorer is now waiting on approval by a Guernsey court, which is expected to sanction the takeover at a meeting on Monday.
The non-executive chairman of Jubilee Platinum PLC (LON:JLP), Colin Bird, has snapped up 1.25mln shares in the chrome and platinum producer for £48,000. After today’s purchase, Bird holds 10.37mln Jubilee shares, representing a 0.93% stake in the company.
Christopher Goss, non-executive chairman at Tethyan Resources PLC (LON:TETH), has decided to step down from the board with immediate effect. With the secondary listing of the company on the TSX Venture Exchange advancing, Tethyan said Goss felt it was an appropriate time to step down.
ValiRx Plc (LON:VAL) ,the cancer drug developer, has recruited three people to its advisory board whose job it is to provide “strategic guidance and technical advice” to the firm’s main board of directors. Seppo Mäkinen, Dr Ajay Agrawal and Andrew King bring with them a wealth of industry and commercial experience.
Motif Bio Plc (LON:MTFB) said its chief medical officer has been invited to address a prestigious conference to discuss the results of the first of two clinical trials of iclaprim, its next-generation antibiotic. Dr David Huang has been invited to present at IDWeek 2017 on October 7 where he will give an overview of the REVIVE-1 phase-III clinical study.
Ortac Resources Ltd (LON:OTC) has received confirmation from the Slovakia Main Mining Bureau that its permit for the Sturec gold project will be re-issued. Vassilios Carellas, Ortac's chief executive, said: “Following on from previous announcements, the company was required to allow a period of time for the decision to re-issue the underground mining permit to be considered by all stakeholders.
Tlou Energy Limited (LON:TLOU) has announced the appointment of Hugh Swire as its new non-executive director with immediate effect. Tony Gilby, the Botswana focussed CBM firm’s chief executive, said: “Hugh is a great addition to our team and brings a wealth of knowledge and experience to the board. Hugh is based in London and is very well known in the investment community.
Graphene specialist Directa Plus Plc (LON:DCTA), is to work with Italian workwear group Alfredo Grassi to manufacture a new range of garments using the highly flexible element. Grassi manufactures customised protective clothing, workwear and uniforms for private and public organisations globally and has been testing graphene its products to see the benefits.