25th Jan 2019 18:42
LONDON (Alliance News) - Regency Mines PLC said Chair & Chief Executive Andrew Bell has resigned with effect from the end of its annual general meeting on Friday.
"The company is in discussions concerning the appointments of a non-executive director and a CEO, further details of which are anticipated to be announced shortly," said the mining investor.
At the AGM, the resolution to re-elect Bell as a director was passed, as were resolutions to receive the report and accounts, and to re-appoint its auditors.
However, resolutions authorising directors to allot equity securities and disapply pre-emption rights were postponed to an adjourned meeting on February 15.
Shares in Regency Mines closed up 7.1% at 0.38 pence on Friday.
Related Shares:
RGM.L