Business
Investor presentation, Directors' Dealings and TVR
Investor presentation, Directors' Dealings and TVR.
About this update from Corcel Plc
[{"type":"text","content":"\n \nRNS Number : 4991B Regency Mines PLC 31 January 2020 \n\n \nRegency Mines PLC\n(\"Regency\" or the \"Company\")\n \nNew Investor Presentation, \nCompany Secretary Appointment, \nDirectors Dealings & TVR\n \n31 January 2020\nRegency Mines Plc (LON: RGM) the battery metals and energy storage company announces the release of a new investor presentation, which is immediately available at the Company's website. \n \nThe Company also announces the appointment of a new Company Secretary and the issue of 481,662 ordinary shares, 3,040,567 options and 438,596 warrants further to commitments made prior to the recent restructuring as announced on 5 December 2019, but only executed now due to the Company being out of a close period.\n \nInvestor Presentation\n \nThe Company has released a revised investor presentation, which sets out its strategy across the battery metals and flexible energy space. A full corporate rebranding is expected to occur during the course of 2020, likely timed to coincide with the Company's first material asset transaction.\n \nCompany Secretary Appointment\n \nThe Company also announces the appointment, with immediate effect, of AMBA Secretaries Limited, as Company Secretary. \n \nDirector Legacy Remuneration Shares and Issue of Warrants\n \nNigel Burton and Ewen Ainsworth joined Regency Mines as a Director on 24 June 2019 under an arrangement where 42.5% and 48.6% of their respective annual Directors' fee was to be paid in shares. Accordingly, to clear historic balances the Company has issued 122,312 new ordinary shares to Mr. Burton and 190,929 new ordinary shares to Mr Ainsworth for the period from June 2019 to December 2019 (of the 190,929 shares awarded to Mr Ainsworth, 141,901 new ordinary shares have been issued to Discovery Energy Limited a company controlled by Mr Ainsworth). This deals with all outstanding legacy issues and the Non-Executive Directors of the Company are now being remunerated on normal market terms. \n \nConsistent with the Company's strategy of preserving its cash balances, a further 168,421 shares and 438,596 warrants (at yesterday's closing price of £0.0285 have been awarded to consultants and advisors for services to be provided during 2020.\n \nCEO Option Awards\n&nbs...