Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Copper | Gold | Hong Kong | Philippines |

Change to Management and Board of Directors

 

Philippine Metals Inc. ("Philippine Metals" or the "Company") (TSXV: PHI, Frankfurt: PM7) announces that Mr. Feisal Somji has resigned from his positions of Chief Executive Officer and member on the Board of Directors of the Company, effective immediately.

Mr. Marshall Farris, President of Philippine Metals Inc. stated: "On behalf of the company's management and board of directors, we wish to thank Mr. Somji for his significant contributions to the company since its inception and wish him all the best in his future endeavours."

The Company further announces the appointment of Mr. Craig Lindsay to the position of Chief Executive Officer. Mr. Lindsay, a member of the Board of Directors of the Company, has in excess of 20 years experience in corporate finance, investment banking and business development in both North America and Asia and is currently the President and CEO of Otis Gold Corp. and Managing Director of Arbutus Grove Capital Corp., a private company offering corporate finance and merchant banking services. Mr. Lindsay is a former resident of Hong Kong where he was a senior executive at The Pacific Rim Group, which provided financial advisory, venture capital and related services to Asian and North American clients. He was a co-founder and CFO of OneAsia.com, an innovative B2C internet retailer of Asian language entertainment products, which was acquired by tom.com Limited, a company associated with Hutchinson Whampoa Ltd. Mr. Lindsay has extensive experience in the natural resource sector at the Director and Officer level, and currently sits on the board of Tarsis Resources Ltd.

About Philippine Metals Inc.

Philippine Metals Inc. is focused on the exploration, discovery and development of highly prospective copper and copper-gold deposits in the Philippines. Based on the region's geological environment, the company's management team recognizes the country's potential for hosting large, world-class deposits of copper and copper-gold.

 

The Company's initial projects, Taurus, Malitao and Dilong, are examples of management's ability to source quality, highly prospective targets. The management team combines strong financial capabilities with world-class experience in mineral exploration, discovery and mine development.

 

 

ON BEHALF OF THE BOARD OF

PHILIPPINE METALS INC.

 

Marshall L. Farris
President and Director

 

 

Companies Mentionned : Hastings | Metals X | Otis Gold | Philippine Metals | Tarsis |
Data and Statistics for these countries : Canada | Hong Kong | Philippines | All
Gold and Silver Prices for these countries : Canada | Hong Kong | Philippines | All

Philippine Metals Inc.

CODE : PHI.V
ISIN : CA7182572072
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Philippine Metals is an exploration company based in Canada.

Philippine Metals holds various exploration projects in Philippines.

Its main exploration properties are MALITAO and TAURUS PHILIPPINES in Philippines.

Philippine Metals is listed in Canada. Its market capitalisation is CA$ 304 700 as of today (US$ 240 561, € 214 484).

Its stock quote reached its highest recent level on July 19, 2013 at CA$ 0.16, and its lowest recent point on January 22, 2016 at CA$ 0.01.

Philippine Metals has 5 540 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Philippine Metals Inc.
5/10/2010Philippine Metals Inc. Applies to Extend the Expiry Date of ...
3/17/2010Philippine Metals Corp. Completes Second Tranche of Private ...
2/26/2010 Completes Initial Tranche of Private Placement for $5,183,6...
Option Grants of Philippine Metals Inc.
4/14/2010Details concerning Grant of 4,165,000 options
Nominations of Philippine Metals Inc.
12/6/2012Change to Management and Board of Directors
12/6/2012Change to Management and Board of Directors
Project news of Philippine Metals Inc.
3/31/2011(Taurus Philippines)Philippine Metals Provides Update on Malitao and Taurus Proj...
Corporate news of Philippine Metals Inc.
7/8/2015Philippine Metals Inc. Completes Acquisition of Cuatro Ciene...
6/22/2015Philippine Metals Inc.: Shane O'Farrell Joins Board of Direc...
5/11/2015IIROC Trading Resumption - CDE; PHI; AXN.H; SUI.H
4/22/2015Philippine Metals Inc.: Transaction Update
2/19/2015Transaction Update
2/19/2015Philippine Metals Inc.: Transaction Update
1/8/2015Philippine Metals Inc.: Transaction Update
11/27/2014Philippine Metals Inc. Signs Letters of Intent to Acquire Co...
11/26/2014IIROC Trading Halt - PHI
4/8/2013Results of Annual General and Special Meeting
4/21/2011Working With MGB to Overturn Cancellation of Dilong EPA
11/16/2010Philippine Metals Inc. Joins OTCQX
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (PHI.V)
0.055+10.00%
TSX-V
CA$ 0.055
04/22 15:28 0.010
10%
Prev close Open
0.050 0.050
Low High
0.050 0.055
Year l/h YTD var.
0.010 -  0.060 450.00%
52 week l/h 52 week var.
0.010 -  0.060 10.00%
Volume 1 month var.
20,500 83.33%
24hGold TrendPower© : 24
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
Annual variation
DateVariationHighLow
2016450.00%0.060.01
2015-80.00%0.050.01
2014-50.00%0.100.05
2013-58.33%0.240.05
2012-25.00%0.560.16
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Harvest Natural(Ngas-Oil)HNR
Receives Continued Notice Listing From NYSE
US$ 0.57+0.00%Trend Power :
Matsa(Au-Ngas-Oil)MAT.AX
Matsa Resources Quarterly Report March 2016
AU$ 0.16+0.00%Trend Power :
New Gold(Cu-Le-Zn)NGD
New Gold Announces Results of Vote for Election of Board of Directors
US$ 4.70+4.91%Trend Power :
Titanium Corp(Oil-Ti)TIC.V
Reports Fiscal Year 2016 Second Quarter Results
CA$ 0.34-1.45%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
1st Quarter Report
AU$ 0.14+0.00%Trend Power :
Teck(Ag-Au-Co)TCK
Reports Voting Results From Annual General Meeting
US$ 12.25+9.77%Trend Power :
Norwest EnergyNWE.AX
Quarterly Activities Cashflow Reports
AU$ 0.00-33.33%Trend Power :
Troy Res.(Ag-Au-Cu)TRY.AX
Quarterly Activities Report - March 2016
AU$ 0.64+8.55%Trend Power :
Southern Copper(Cu-Zn-Mo)PCU
Reports 1Q16 results
US$ 29.67-0.60%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
FIRST QUARTER RESULTS
CA$ 4.93+4.01%Trend Power :
Royal Gold(Ag-Au-Cu)RGLD
Royal Gold Announces 21% Increase in Attributable Reserves
US$ 62.62+3.99%Trend Power :
Detour Gold(Au)DGC.TO
Detour Gold Reports First Quarter 2016 Results
CA$ 26.91+7.81%Trend Power :
Royal Gold(Ag-Au-Cu)RGLD
Royal Gold Reports a 26% Revenue Increase in Its Third Fiscal Quarter
US$ 62.62+3.99%Trend Power :
Detour Gold(Au)DGC.TO
Detour Gold Re-purchases $75 million of Convertible Notes
CA$ 26.91+7.81%Trend Power :
Treasury MetalsTML.TO
Announces Private Placement Financing
CA$ 0.50+1.01%Trend Power :
New Gold(Cu-Le-Zn)NGD
New Gold delivers 2016 first quarter production at significantly lower costs
US$ 4.70+4.91%Trend Power :
Barrick Gold(Cu-Le-Ni)ABX.TO
Remarks by Executive Chairman John L. Thornton at Annual Meeting
CA$ 24.29+10.26%Trend Power :
NyrstarNYR.BE
Results of the Annual and Extraordinary General Shareholders' Meetings held on 27 April 2016
€UR 0.49+0.00%Trend Power :
Pan American Silver(Ag-Au-Cu)PAAS
Kootenay Investor Pan American Silver to Buy 6.79M Shares
US$ 15.67+4.75%Trend Power :
NyrstarNYR.BE
First Quarter 2016 Interim Management Statement
€UR 0.49+0.00%Trend Power :