Annuncio • Aug 01
Ormonde Mining plc, Annual General Meeting, Aug 25, 2023 Ormonde Mining plc, Annual General Meeting, Aug 25, 2023, at 10:00 Coordinated Universal Time. Location: Maldron Hotel, located at Bellevue Ave, Merrion Road Dublin Ireland Board Change • Jun 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Keith O'Donnell was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 22
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non Executive Chairman Brian Timmons is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Keith O'Donnell was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Feb 08
Ormonde Mining plc (ISE:ORQ1) acquired 20% stake in Peak Nickel Limited for £0.45 million. Ormonde Mining plc (ISE:ORQ1) acquired 20% stake in Peak Nickel Limited for £0.45 million on February 7, 2023. Ormonde also granted option by Peak Nickel Limited to invest further £4 million in cash bringing Ormonde stake to 49.9% or acquire the remaining 80% stake by issuing Ormonde ordinary shares. Barry Murphy of Davy Group acted as financial advisor to Ormonde Mining.Ormonde Mining plc (ISE:ORQ1) completed the acquisition of 20% stake in Peak Nickel Limited February 7, 2023. Board Change • Dec 12
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non Executive Chairman Brian Timmons is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Keith O'Donnell was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Board Change • Nov 21
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non Executive Chairman Brian Timmons is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Keith O'Donnell was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Oct 05
Tharsis Mining S.L. completed the acquisition of La Zarza Copper-Gold Project in Spain from Ormonde Mining plc (ISE:ORQ1). Tharsis Mining S.L. entered into a conditional framework agreement to acquire La Zarza Copper-Gold Project in Spain from Ormonde Mining plc (ISE:ORQ1) for €2.3 million on July 29, 2022. Under the terms of the agreement, Ormonde Mining will receive €0.8 million on completion of the sale, with the balance to be paid in three equal payments of €500,000 on the first, second and third anniversaries of Completion. Ormonde will hold security over the deferred cash payments. The sale is conditional on approval by Ormonde shareholders.vTharsis Mining S.L. completed the acquisition of La Zarza Copper-Gold Project in Spain from Ormonde Mining plc (ISE:ORQ1) on October 3, 2022. Davy Corporate Finance Limited acted as financial advisor for Ormonde Mining plc. Annuncio • Jul 30
Tharsis Mining S.L. entered into a conditional framework agreement to acquire La Zarza Copper-Gold Project in Spain from Ormonde Mining plc (ISE:ORQ1) for €2.3 million. Tharsis Mining S.L. entered into a conditional framework agreement to acquire La Zarza Copper-Gold Project in Spain from Ormonde Mining plc (ISE:ORQ1) for €2.3 million on July 29, 2022. Under the terms of the agreement, Ormonde Mining will receive €0.8 million on completion of the sale, with the balance to be paid in three equal payments of €500,000 on the first, second and third anniversaries of Completion. Ormonde will hold security over the deferred cash payments. The sale is conditional on approval by Ormonde shareholders. Board Change • Jul 29
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non Executive Chairman Brian Timmons is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Keith O'Donnell was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Annuncio • Jun 29
Ormonde Mining plc, Annual General Meeting, Sep 28, 2022 Ormonde Mining plc, Annual General Meeting, Sep 28, 2022, at 10:00 Coordinated Universal Time. Location: at The Radisson Blu St.Helen's Hotel, Stillorgan Road, Booterstown, Dublin, A94 V6W3 Dublin Ireland Board Change • May 04
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Chairman Brian Timmons is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Keith O'Donnell was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Executive Departure • Dec 01
Temporary Managing Director Jonathan Henry has left the company On the 30th of November, Jonathan Henry's tenure as Temporary Managing Director of the company ended after less than a year in the role. We don't have any record of a personal shareholding under Jonathan's name. A total of 5 executives have left over the last 12 months. Under Jonathan's leadership, the company delivered a total shareholder return of -21%. Executive Departure • Oct 07
CFO & Company Secretary Paul Carroll has left the company On the 30th of September, Paul Carroll's tenure as CFO & Company Secretary ended after 6.0 years in the role. We don't have any record of a personal shareholding under Paul's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Executive Departure • Oct 07
Executive Chairman Jonathan Henry has left the company On the 30th of September, Jonathan Henry's tenure as Executive Chairman ended after 1.6 years in the role. We don't have any record of a personal shareholding under Jonathan's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Executive Departure • Oct 07
Chief Operating Officer Fraser Gardiner has left the company On the 30th of September, Fraser Gardiner's tenure as Chief Operating Officer ended after 4.2 years in the role. We don't have any record of a personal shareholding under Fraser's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Executive Departure • Oct 07
Non Executive Director Richard Brown has left the company On the 30th of September, Richard Brown's tenure as Non Executive Director ended after 1.6 years in the role. We don't have any record of a personal shareholding under Richard's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Executive Departure • Oct 07
Senior Independent Director Timothy Livesey has left the company On the 30th of September, Timothy Livesey's tenure as Senior Independent Director ended after 1.6 years in the role. We don't have any record of a personal shareholding under Timothy's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Annuncio • Jan 16
Ormonde Mining Says Negotiations on Potential Acquisition Are ‘Advanced' Ormonde Mining plc said it has advanced negotiations for a potential acquisition that will see it have the rights to acquire up to an 80% interest in two exploitation licenses in the Republic of the Congo. But the pandemic and discussions with a large shareholder have slowed down progress, the Company said. The potential acquisition was announced in September, and could cost up to $800,000 in Ormonde shares and cash on closing, with further payments conditional on the achievement of key technical and administrative project milestones. The licenses cover multiple high grade copper and polymetallic development and exploration projects in a highly prospective and underexplored district in the region. “Very significant progress has been made in these areas,” the Company said in a statement. “However, progress to completion has been slowed somewhat resulting from the impact of the pandemic and ongoing discussions with the Company’s largest shareholder. “The deal we are working to conclude is on a group of principally copper assets, with exceptional potential. Completion of this deal will deliver on the company’s stated strategy of generating immediate value accretion for shareholders,” said Jonathan Henry, executive Chairman. “ We look forward to finalising and completing the transaction and fast tracking the assets towards development, positive cashflow and earnings with our new partners, including the supportive government of the Republic of the Congo, and look forward to updating shareholders as soon as possible". Annuncio • Nov 11
Ormonde Mining plc, Annual General Meeting, Dec 03, 2020 Ormonde Mining plc, Annual General Meeting, Dec 03, 2020, at 11:00 Coordinated Universal Time. Location: Bracetown Business Park Clonee Co Meath Ireland 