The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
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Accsys Technologies PLC - London-based wood building products manufacturer - Says it has appointed Trudy Schoolenberg as its new permanent non-executive chair from December 12. Says it previously appointed Schoolenberg as interim chair on September 12. Notes that Schoolenberg has five years experience at Accsys, having been a senior independent director since 2018. Appoints Edwin Bouwman as non-executive director from December 12. Bouwman is currently a non-executive director at Intergamma Cooperatief UA. Chief Executive Jelena Arsic van Os says: ‘I am very pleased with the appointments of Trudy Schoolenberg as chair and Edwin Bouwman as non-executive director given their strong industry knowledge. I am confident that the Accsys Board will benefit greatly from their sector experience and background.’
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Atlantic Lithium Ltd - Sydney-based lithium exploration and development company, with assets in Ghana and Ivory Coast - Announces maiden JORC-compliant mineral resource estimate of 15.7 million tonnes at 40.2% feldspar for its Ewoyaa lithium project in Ghana. Says the estimate includes 13.7 million tonnes in the measured and indicated categories. Notes that the MRE covers the main, northeast, south-1 and south-2 deposits, which constitute the first five years of planned spodumene concentrate production at the site. Says the feldspar MRE will allow the possible inclusion of by-product credits in future studies, which it says are believed to drive down costs and add to the project’s value. Feldspar is a by-product of spodumene production. Chair Neil Herbert says: ‘Identified early on by the Company as a by-product of spodumene concentrate production at Ewoyaa, the definition of the maiden Feldspar MRE now confirms the Project’s potential as a major source of domestic feldspar in Ghana, capable of delivering industry-standard saleable ware. Currently supplied only by small-scale mining operations, we intend to supply the feldspar into the local Ghanian ceramics market. The feldspar MRE indicates Ewoyaa’s potential to meet and even surpass Ghana’s demand requirements, further demonstrating the significant contribution the Project is expected to bring to Ghana.
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Technology Minerals PLC - London-based battery metals and recycling firm - Says assay results from Knockeen shallow trench sampling programme show lithium mineralisation in all five trench samples collected at 1 metre intervals, with grads up to 2.55% lithium oxide. Adds that several grab samples from large pegmatite boulders at depths of between 1 and 2 metres showed grades as high as 3.0% lithium oxide. Says samples will be used for exploration planning for 2024. Chief Executive Alex Stanbury says: ’We are very pleased to report these assay results at Knockeen, which showed lithium mineralisation in all five trench samples collected at 1m intervals and grades as high as 2.55% Li2O. The consistency of the results we are seeing continue to build on our belief in the asset and add to the potential value of the prospect.‘
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MaxCyte Inc - cell engineering-focused provider of platform technologies - Says it has appointed Maher Masoud as its new president and chief executive, succeeding Doug Doerfler, who is set to retire on Janaury 1. Notes that Masoud is currently executive vice president and head of global business development. Chair Richard Douglas says: ’Consistent with the Board’s succession planning process, the Board identified Maher Masoud as a leader with a deep understanding of our technology and the cell and gene therapy industry who can continue to build on MaxCyte’s accomplishments. Having worked closely with Maher over the past seven years, we are confident in his abilities to assume the role of president and chief executive officer of MaxCyte.‘ Adds that it expects full-year revenue of $28 million to $30 million.
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