Eastinco Mining announces that, further to the announcement of 30 October 2020, there has been a change of appointments.
Simon Rollason has been appointed as a director of the Company and Michael Staten has stepped down as director of the Company with immediate effect
Charles Bray, Chairman of Eastinco Mining stated “We are pleased to have our CEO, Simon Rollason, join the board of directors. His invaluable experience in the mining sector and Africa along with his background as a geologist will add a valuable perspective to our board. We look forward to his advice and perspective.
I would also like to take this opportunity to thank Michael Staten for his service and state how much we have valued Mike’s dedication and contributions. I have greatly enjoyed working with him and I know that experience has been shared by all of our colleagues.”
End (Eastinco Mining – Change of Appointments).
Aterian Secures Trade Finance to Expand Mineral Trading
Aterian Plc secures a major trade finance facility, marking a transformational step in its growth. This deal strengthens mineral trading operations across Africa, accelerates revenue generation, and reinforces Aterian’s partnership-driven strategy—building on its lithium joint venture with Rio Tinto in Rwanda.
Aterian Completes Private Placement & Issues EBT Shares
Aterian Plc has completed a £140,000 private placement at a 29.9% premium, alongside issuing 361,000 shares to its Employee Benefit Trust for executive incentives.
Aterian Resumes Mineral Trading in Rwanda
Aterian Plc has announced that its subsidiary, Eastinco Limited, has resumed mineral trading operations in Rwanda after successfully implementing the Inkomane trading system established by the Rwanda Mines, Petroleum and Gas Board. The company is also finalising negotiations for a new trade finance facility to significantly increase trading volumes.
Rwanda Exploration Update (August 2024)
Mr. Charles Bray, Chairman of Aterian plc, commented: We will now focus on conducting drilling to establish the presence, extent, and grade of any spodumene-bearing lithium mineralization. Our goal is to maximize the project’s potential and contribute to the global supply of this critical battery metal.”
Drilling to Commence at Agdz Copper-Silver Project
Aterian Plc (LSE: ATN), the critical metal-focused exploration and development company, announces that its maiden Moroccan scout drilling programme is to commence imminently at the Company’s 100% owned Agdz Copper-Silver (“Cu-Ag”) Project (“Agdz” or the “Project”).
Rwanda Exploration Update (July 2024)
Aterian plc (LSE: ATN), the critical metal-focused exploration and development company, is pleased to provide an update on Rwandan exploration efforts by its Rwandan subsidiary, Eastinco Limited (“Eastinco”).
