Strategic Minerals PLC, a prominent international mineral exploration and production company, recently announced some noteworthy news that is sure to have lasting implications. Charles Manners, who had only in the previous year stepped into the role of Non-Executive Director, has now taken an exceptional leap. Following his election as Chair in September 2024, Manners will now fulfil the role of Executive Chair with immediate effect.
It’s an exciting chapter for Strategic Minerals, which seems eager to embrace this dynamic shift. Manners’ transition to an Executive Chair underlines the remarkable amount of work he has carried out and will continue to undertake for the company. His main objective? To drive the business towards a more rational and focused approach. It’s a meaningful role and one that Mr Manners is likely to embrace with the same fervour he brought to his work as Non-Executive Director.
In an exhilarating turn of events, Serabi Gold Plc, a stellar name in the precious metals sector, has announced substantive changes in their major holdings. This revelation was made public after receipt of the TR-1 notification, known for indicating the notification of major holdings. With its headquarters shining brightly in the heart of London and an impressive sub-branch in Toronto, the company offers an important perspective on the global gold trade.
The company’s positions were previously notified at 8.99%. However, recent shifts have resulted in a new situation where the threshold stands at 7.9995%. This change, though modest, indicates a noteworthy shift in the company’s main holdings and potentially signals important changes in the company’s future strategy.