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Pathfinder Minrls PLC Ord 0.1P (PFP)

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25-May-2021 01:33 PM

Pathfinder appoints non-exec director

Pathfinder has appointed Mark Gasson as non-executive director with immediate effect. Gasson has 35 years? experience in gold and base metals exploration and development across Africa and South America. He has served as both a director, and as Explora
27-Sep-2019 02:02 PM

Pathfinder Minerals books loss; eyes Mozambique sell down

Pathfinder Minerals booked a first-half loss and said it had identified a potential investor for an asset in Mozambique. Pre-tax losses for the six months through June amounted to £0.28m, compared to losses of £0.39m on-year. 'Discussio
28-Jun-2019 02:53 PM

Pathfinder Minerals books annual loss; seeks retrieval of Mozambique permits

Pathfinder Minerals booked a full-year loss, as it continued to pursue the reinstatement of mining licences in Mozambique. Pre-tax losses for the year through December amounted to £645k, compared to losses of £615k on-year. 'I am very e
21-Sep-2018 09:49 AM

Pathfinder Minerals books loss; pursues recovery of Mozambique licence

Pathfinder Minerals booked a £392k pre-tax loss in the first half through June, widening from a £275k loss on-year. The company recently made large changes to its senior management ranks as it pursues the recovery of a lost mining licence in
01-Dec-2017 02:12 PM

Pathfinder raises £250k via placing

Pathfinder Minerals has raised gross proceeds of £250,000 via a placing of 19,230,770 shares at 1.3p apiece. The Company said the proceeds will provide it with additional working capital as it pursues the recovery of its mining licences in Mozambiq
28-Jun-2017 09:34 AM

Pathfinder Minerals narrows FY pretax loss

Pathfinder Minerals has narrowed its FY pretax loss to £582,000, from a year-previous loss of £1.1m. "The primary activity of Pathfinder remains that of seeking to regain control of the valuable heavy mineral sands licences in Mozambique
23-Sep-2016 07:23 AM

Pathfinder Minerals narrows H1 pretax loss

Pathfinder Minerals has narrowed its H1 pretax loss to £404,000, from a loss of £695,000. Revenue was nil and most of the losses were due to administrative expenses. "The Board is encouraged by the ongoing dialogue with the Mozambique Go
23-Dec-2014 03:34 PM

Pathfinder facing appeal

Pathfinder says its lawyers in Maputo have today been informed orally by the Maputo Commercial Bench Court clerks that an application has been lodged to appeal against the recent judgment of that court in favour of Pathfinder. Pathfinder is advised by i
29-Sep-2014 11:48 AM

Pathfinder's legal proceedings continue

Pathfinder Minerals has reported its results for the six months ended 30 June 2014 and said that it continues to await material developments on its legal proceedings in Mozambique. Its net assets at 30 June 2014 were £1.6m (30 June 2013: £2.0m; 31 Dece
22-Oct-2013 03:33 PM

Pathfinder welcomes Maputo court order

Pathfinder Minerals has welcomed a positive judgment from the Maputo courts over a dispute involving its subsidiary IM Minerals. In April 2012, General Veloso, his company JV Consultores Internacionais and Diogo Cavaco obtained an interdict against IM Mi
23-Jul-2013 01:31 PM

Pathfinder resolutions passed at AGM

Pathfinder Minerals has confirmed that all resolutions proposed at its annual general meeting earlier today (23 July) were passed. At 1:31pm: (LON:PFP) Pathfinder Properties share price was +0.01p at 0.73p Story provided by
27-Jun-2013 07:52 AM

Pathfinder Minerals narrows FY pretax loss to £4.3m

Pathfinder Minerals narrowed its full-year pretax loss to £4.3 million, from £37.3 million. The company booked nil revenue for the period. The prior year's figures included a £34.8 million exceptional item, against nil in the just-finished compar
26-Oct-2012 07:48 AM

Pathfinder obtains interdict in Mozambique court

Pathfinder announced that it had obtained an English High Court judgment that it had validly acquired its 99.99% interest in Mozambican subsidiary Companhia Mineira de Naburi S.A. ("CMDN"). The Company also announced that a hearing was schedule
28-Jun-2012 03:26 PM

Pathfinder Minerals losses rise on Mozambique provision

Pathfinder Minerals posts losses of £37.6m for the year to the end of December - up from £1.1m last time. It points out that £34.8m of this resulted from the board's decision to adopt a prudent accounting approach and make full provision agains
31-Jan-2012 09:33 AM

Pathfinder continues to seek resolution in Mozambique

Mining firm Pathfinder Minerals (LON:PFP) is awaiting the outcome of the investigation by Mozambique's Ministry of Mineral Resources into the status of the mining concession licences held by Pathfinder Minerals' subsidiary,Companhia Mineira de N
02-Dec-2011 03:27 PM

Pathfinder Minerals seeks to secure Mozambique licences

Pathfinder Minerals and its legal adviser are 'pursuing all avenues' to secure its licences in Mozambique following reports that they had been transferred. The company says former director General Jacinto Soares Veloso is quoted in today'
16-Jun-2011 07:26 AM

Major General joins Board of Pathfinder Minerals

Pathfinder Minerals, the natural resources company with licences to mine heavy minerals sands in Mozambique, has announced the appointment of Major General Jacinto Veloso as a non-executive director. General Veloso is a Mozambican who, after a decorated
31-Dec-2010 07:53 AM

Pathfinder acquires IM Minerals for £34.6m

Pathfinder Minerals is proposing to purchase the remaining issued share capital of Mozambique-based IM Minerals for £34.6m and to effect a reverse takeover. On 26 November 2009, Pathfinder acquired 4.67% of IM for £0.2m and is now seeking to acquire th
22-Dec-2010 12:03 PM

Cash shell Pathfinder Minerals suspended

Trading of shares in cash shell Pathfinder Minerals Plc was suspended by AIM today (Dec 22) after it failed to complete a reverse takeover in time. If the company does not complete a deal by June 23 2011, its listing will be cancelled from trading on AIM
18-Jun-2010 02:36 PM

Pathfinder Minerals chairman resigns

Pathfinder Minerals non-executive chairman Gerry Lee has resigned with immediate effect following the recent change of investing policy to focus on natural resources. Executive director Nick Trew said: "I would like to thank Gerry for his past effor
17-Mar-2010 01:39 PM

Pathfinder Minerals in equity issue

Pathfinder Minerals has issued 4,000,000 new ordinary shares following the exercise of conversion rights in respect of £60,000 under the convertible loan agreements approved by shareholders on 21 December. Story provided by Business Financial Newswire.
05-Mar-2010 03:37 PM

Pathfinder convertible loan rights exercised

Pathfinder Minerals has issued 22,799,999 new ordinary shares to various parties who have exercised their conversion rights in respect of £342,000 under convertible loan agreements approved by shareholders in December. Story provided by Business Fina
10-Feb-2010 01:46 PM

Pathfinder sells 'fractional entitlements'

Pathfinder Minerals has sold fractional share entitlements following the reorganisation of its share capital. The firm said directors expected to pay around £47,000 to the 678 relevant shareholders in the week commencing 15 February. As a result of th
30-Nov-2009 12:19 PM

Pathfinder plans switch to mining

Pathfinder Properties plans to switch its investment policy to natural resources. Following the disposal of its Ilford site and Brewery site in Newark, the group has been left with a single development at Newark. It cannot fund any further development...

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