Regency Mines PLC (LON:RGM) has revealed that Andrew Bell resigned as its chairman and chief executive with effect from the end of today’s annual general meeting.
The AIM-listed company said it is in discussions over the appointments of a new CEO and a non-executive director. Further details are expected to be announced shortly.
READ: Regency Mines making "great progress" with all its operations
The company said the AGM saw resolutions to receive the Report and Accounts and re-appoint the auditors, duly passed, as well as a resolution to re-elect Bell as a director.
It added that resolutions to authorise the directors to allot equity securities and disapply pre-emption rights were deferred to an adjourned meeting on 15 February, details of which will be confirmed.
In an operations update released earlier on Friday, Regency Mines said coal production at its 47%-owned Omega operations in Virginia, US continues to improve following the move of a high wall miner at the end of November.
