2nd Aug 2019 16:23
(Alliance News) - Pathfinder Minerals PLC said on Friday that it has appointed Dennis Edmonds as a non-executive director with immediate effect.
Edmonds was formerly executive chair of mineral assets firm Alien Metals Ltd and is also a director at Draganfly Investments Ltd.
If a shareholder resolution is passed, Edmonds will be granted 1.5 million company shares which will exercise at 2.75 pence each, expiring after two years.
Non-Executive Chair Henry Bellingham said: "Dennis Edmonds has extremely relevant experience to bring to bear at Pathfinder, particularly at this crucial stage. As an attorney who qualified and practiced in South Africa, before moving to the UK, he knows the region very well.
"He has helped many companies, both as a consultant or as a director, to structure transactions. This will be very useful to Pathfinder as we continue to pursue a transaction in respect of the mining licence and engage with prospective funders," Bellingham added
Shares in Pathfinder were down 4.4% at 1.55 pence each in London on Friday afternoon.
Related Shares:
PFP.LAlien Metals