Paige McNeil

IN what is viewed as a tough market for floats, a number of smaller initial public offerings have forged ahead with their plans to list on the Australian Securities Exchange.

Former copper and gold explorer Quintessential Resources has moved another step towards its scrip takeover of technology incubation company Yonder and Beyond with the appointment of Y&B chief executive Shashi Fernando as a non-executive director.

Shares in gold and copper explorer Frontier Resources doubled on news it will acquire an 80 per cent stake in the Gold Ridge mine in Guadalcanal, previously operated by St Barbara.

Sue Klose, current non-executive director of Nearmap, will also take on the role of interim chief marketing officer & executive director for up to a 6-month period.

Sam Lee has been appointed a non-executive director of Gulf Manganese Corporation. He was also appointed to the board of commissioners of PT Gulf Mangan Grup, Gulf’s Indonesian subsidiary.

Bevan Tarratt has been appointed an independent non-executive chair of Emergent Resources. He was appointed a non-executive director in 2015 and replaces Edmond Yao who will remain on the board as non-executive director until completion of the company’s acquisition of Prometheus Mining.