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Pacific Road Appoints New Nominee To Firestone Diamonds Board

22nd Jul 2019 13:48

(Alliance News) - Firestone Diamonds PLC on Monday said Pacific Road Resources Fund II nominee Michael Stirzaker is joining the board as a non-executive director.

Pacific Road Resources is one of Firestone's biggest shareholders and holds a 29% stake, which includes shares held by both Pacific Road Resources Fund II LP and Pacific Road Resources Fund II.

Stirzaker, who joined private equity mining fund manager Pacific Road Capital Management as a partner back in 2010, replaces prior nominee Niall Young.

Shares in AIM-listed miner Firestone were flat at 1.30 pence on Monday afternoon.


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