Latest news with #NonExecutiveDirector
Yahoo
6 days ago
- Business
- Yahoo
Issue of Shares and Cleansing Notice
Settlement of Tranche 1 of the Placement for A$18.2m TORONTO and PERTH, Australia, June 26, 2025 (GLOBE NEWSWIRE) -- Further to the ASX announcement on 20 June 2025, Cygnus Metals Limited ('Cygnus' or the 'Company') advises that it has issued a total of 211,627,907 fully paid ordinary shares ('Shares') at A$0.086 each under Tranche 1 of the Placement, raising a total of A$18,200,000 (before costs). The Shares were issued under the Company's existing capacity under ASX Listing Rules 7.1 (126,702,591) and 7.1A (84,925,316). A further 1,162,790 Shares are intended to be issued under Tranche 2 of the Placement to Non-Executive Director Raymond Shorrocks, or his nominees, subject to receipt of shareholder approval at a general meeting to be held in August 2025. In addition, the Company has issued a total of 306,129 Shares to employees on conversion of 350,000 vested Performance Rights issued under the Company's previous Employee Securities Incentive Plan. Cygnus issued the Shares without disclosure under section 708A(5) of the Corporations Act 2001 (Cth) ('Act'). With reference to those Shares issued, in accordance with section 708A(6) of the Act, the Company gives notice under paragraph 708A(5)(e) that: 1. the Company issued the Shares without disclosure under Part 6D.2 of the Act; and 2. as at the date of this notice: a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company; b) the Company has complied with sections 674 and 674A of the Act; and c) other than as set out below, there is no excluded information within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed under section 708A(6)(e) of the Act. As previously announced, the Company has ongoing exploration and drill programs at its Chibougamau Copper-Gold Project in Quebec and is awaiting assay results from its current drill program (which remains ongoing). The Company will announce its assay results when it is in a position to complete the collation and interpretation of all data and in accordance with its continuous disclosure obligations, the JORC Code and the ASX Listing Rules. This announcement has been authorised for release by the Board of Directors of Cygnus. David SouthamExecutive ChairT: +61 8 6118 1627E: info@ Ernest MastPresident & Managing DirectorT: +1 647 921 0501E: info@ Media:Paul Armstrong Read Corporate+61 8 9388 1474 About Cygnus Metals Cygnus Metals Limited (ASX: CY5, TSXV: CYG) is a diversified critical minerals exploration and development company with projects in Quebec, Canada and Western Australia. The Company is dedicated to advancing its Chibougamau Copper-Gold Project in Quebec with an aggressive exploration program to drive resource growth and develop a hub-and-spoke operation model with its centralised processing facility. In addition, Cygnus has quality lithium assets with significant exploration upside in the world-class James Bay district in Quebec, and REE and base metal projects in Western Australia. The Cygnus team has a proven track record of turning exploration success into production enterprises and creating shareholder value.
Associated Press
10-06-2025
- Business
- Associated Press
FD Capital Launches NED Capital to Revolutionise Non-Executive Director Recruitment Across the UK
With a deep understanding of boardroom dynamics and strategic leadership, NED Capital aims to fill a critical gap in the UK business landscape by offering an exclusive, high-calibre recruitment service tailored to the evolving needs of modern boards. London, UK, June 10, 2025 -- FD Capital Launches NED Capital to Revolutionise Non-Executive Director Recruitment Across the UK FD Capital, a leading financial executive recruitment firm, is proud to announce the launch of NED Capital ( ), a dedicated new venture specialising in the recruitment of Non-Executive Directors (NEDs) for growth-focused companies across the UK. With a deep understanding of boardroom dynamics and strategic leadership, NED Capital aims to fill a critical gap in the UK business landscape by offering an exclusive, high-calibre recruitment service tailored to the evolving needs of modern boards. The new brand builds on FD Capital's established reputation in executive recruitment and financial leadership, bringing that same rigour and insight to board-level appointments. Meeting a Growing Demand for Strategic Board Leadership In today's rapidly changing economic and regulatory environment, the role of a Non-Executive Director is more vital than ever. Businesses face increased pressure for accountability, innovation, and long-term strategy. Whether it's a scaling startup looking for experienced guidance or a mature enterprise navigating succession and transformation, the presence of a capable NED can make the difference between stagnation and sustainable growth. Adrian Lawrence, Founder and Director at FD Capital, commented on the launch: 'We've seen a surge in demand for highly experienced, strategically minded Non-Executive Directors across all sectors. With NED Capital, we're formalising our commitment to this vital area by providing a specialist recruitment service that understands both the art and the science of building high-functioning boards. This isn't just about filling seats; it's about transforming leadership.' Specialist Approach with a National Reach NED Capital is designed to serve clients ranging from SMEs and private equity-backed firms to listed companies and nonprofit organisations. The new platform will leverage FD Capital's extensive network of senior finance professionals and business leaders to deliver truly strategic board placements. Services offered through NED Capital include: With offices in London and Birmingham and a presence across key UK business regions, NED Capital combines the reach of a national firm with the personal touch of a boutique agency. A Trusted Name Expanding Its Horizons FD Capital has built a strong reputation over the past decade as a specialist in CFO and Finance Director recruitment. Known for matching high-growth companies with financial leaders who can drive performance, FD Capital's expansion into NED recruitment is a natural evolution of its mission to support businesses at all stages of their growth journeys. The launch of NED Capital allows the firm to apply its deep sectoral expertise, rigorous selection processes, and commitment to client success to an entirely new dimension of leadership. 'Our clients trust us to understand their business, their culture, and their challenges,' added Adrian. 'With NED Capital, we're bringing that same consultative, insight-driven approach to board appointments. We take the time to understand what makes a board function well – and what kind of leader can really elevate that dynamic.' Championing Diversity, Innovation and ESG NED Capital is launching with a clear vision: to modernise and diversify the boardroom. In an age where ESG (Environmental, Social, and Governance) factors are increasingly shaping corporate agendas, NED Capital recognises the need for board members who are not only financially and strategically astute, but who bring fresh perspectives, lived experiences, and sector innovation. The firm is committed to: 'NEDs today are more than just advisors – they are catalysts for transformation,' said Adrian Lawrence, Director, at NED Capital. 'We're working to ensure that our placements reflect not just business acumen, but the wider skills needed to thrive in today's complex market.' Launch Highlights and Initial Success Ahead of its official launch, NED Capital has already completed a number of high-profile placements across fintech, healthcare, manufacturing, and green energy sectors. These early successes demonstrate the strength of the firm's network and the confidence clients place in its ability to deliver board-level impact. NED Capital is already working with: These case studies reflect the breadth of sectors and business challenges that NED Capital is equipped to support. A Platform for the Next Generation of Board Talent As part of its long-term vision, NED Capital will also be launching a series of initiatives to support aspiring Non-Executive Directors in developing their board careers. Through mentorship programmes, workshops, and networking events, the firm aims to create a pipeline of future board leaders who are ready to step into critical roles. The company is also investing in digital tools and resources, including: Get in Touch Companies seeking to strengthen their boards and executives exploring portfolio careers are encouraged to visit Contact Info: Name: Adrian Lawrence Email: Send Email Organization: NED Capital Recruitment Address: 167-169 Great Portland Street, London W1W 5PF Phone: 0203 834 9616 Website: Release ID: 89162048 If there are any deficiencies, discrepancies, or concerns regarding the information presented in this press release, we kindly request that you promptly inform us by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our dedicated team is committed to addressing any identified issues within 8 hours to guarantee the delivery of accurate and reliable content to our esteemed readers.
Yahoo
24-05-2025
- Business
- Yahoo
Insider Buys Additional US$74k In Somero Enterprises Stock
Even if it's not a huge purchase, we think it was good to see that Thomas Anderson, the Independent Non-Executive Director of Somero Enterprises, Inc. (LON:SOM) recently shelled out UK£74k to buy stock, at UK£2.54 per share. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Notably, that recent purchase by Thomas Anderson is the biggest insider purchase of Somero Enterprises shares that we've seen in the last year. That means that an insider was happy to buy shares at above the current price of UK£2.41. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Thomas Anderson was the only individual insider to buy shares in the last twelve months. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! See our latest analysis for Somero Enterprises There are always plenty of stocks that insiders are buying. If investing in lesser known companies is your style, you could take a look at this free list of companies. (Hint: insiders have been buying them). For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Somero Enterprises insiders own about UK£22m worth of shares. That equates to 16% of the company. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. It's certainly positive to see the recent insider purchase. We also take confidence from the longer term picture of insider transactions. Insiders likely see value in Somero Enterprises shares, given these transactions (along with notable insider ownership of the company). While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Somero Enterprises has 1 warning sign we think you should be aware of. Of course Somero Enterprises may not be the best stock to buy. So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
