Avenira

The recently renamed Avenira is finally realising its potential to become a supplier of phosphate, ticking off a decision to mine at its project in West Africa.

Corporate finance and mining executive Jonathan Shellabear has been appointed non-executive director of Capricorn Metals.Avenira has announced the passing of chairman Richard Block on December 4, 2016.

Pacific Energy chairman Cliff Lawrenson will add the top job at Atlas Iron to his list of roles after being appointed chief executive and managing director of the iron ore miner today.

Cliff Lawrenson has wrapped up his tenure as managing director of phosphate and fertiliser-focused Avenira, after accepting the top job at iron ore miner Atlas Iron last month.

Louis Calvarin has been appointed managing director and chief executive of Avenira.Argent Minerals has appointed current managing director, David Busch, as chief executive. 

Phosphate explorer Avenira has announced plans to raise up to $15 million from investors, while flagging another ‘significant’ capital raising in the coming year for its Baobab project in Senegal.

Dotz Nano has appointed John Bullwinkel and Uzi Breier as non-executive directors, replacing Menashe Baruch and Antony Sormann who have both resigned from the board to focus on other business interests.

Great Southern Mining has received commitments from sophisticated investors for the placement of 34 million shares at an issue price of $0.0375 a share to raise approximately $1.275 million. 

David Mimran and Farouk Chaouni have resigned as non-executive directors of Avenira.

Assorted minor corporate finance deals not covered in the previous week's articles.

Our daily board moves wrap includes Howard Golden, Tommy McKeith, Morgan Ball, Catherine Grant-Edwards, Steven Michael, Nicholas Ong, Graeme Smith, Rod Wheatley, John Ribbons, Jon Denovan, Derek La Ferla, and Neil Whitaker.

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