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Regency Mines PLC

Regency Mines says Andrew Bell has resigned as director

Bell’s departure after 15 years follows news that the company is to regroup around battery metals plus energy storage in the UK following a strategic review

Regency Mines PLC - Regency Mines says Andrew Bell has resigned as director

Regency Mines PLC (LON:RGM) has said its former chairman and chief executive Andrew Bell has now resigned as a director of the company.

"As the new directors have now become familiar with the business, the transition is complete, and this is the right time for me to leave the board and take on other responsibilities”, Bell said, adding that the company had “better prospects now than it has had for years” following and improvement in Nickel prices.

READ: Regency Mines to focus on battery metals as it redraws strategy

“I shall of course be available to assist whenever this may be required, but under the leadership of [chief executive] Scott Kaintz and the new chairman the company is in good hands”, he said.

Bell stepped down as chairman and chief executive earlier this year but stayed on as a director until now. 

His departure follows news in July that the company is to regroup around battery metals plus energy storage in the UK following a strategic review.

In mid-morning trading on Thursday, Regency shares were 8% higher at 0.07p.

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Quick facts: Regency Mines PLC

Price: £0.00

Market: LSE
Market Cap: £834.29 k
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