Friday, 23 October, 2009 - 11:03
Indago director spends $2m on shares
Indago Resources director Tim Kestell has spent more than $2 million subscribing to a shortfall of shares in the company's recent capital raising.
Tim Kestell has over 25 years of experience in capital markets including working for Australian stockbrokers Euroz Securities and Patersons where he advised high net-worth clients.
Mr Kestell also played a key role in forming and/or re-capitalising public-listed companies and finding new ventures for them. He was instrumental as a director of Capricorn Metals and Emerald Resources, enabling
the transition for both companies from an explorer to gold producer.
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Indago Resources director Tim Kestell has spent more than $2 million subscribing to a shortfall of shares in the company's recent capital raising.
Australia’s resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.
Oil and gas producer Neon Energy has said the result of its recent shareholder meeting gives it a mandate to pursue a merger with Melbourne-based MEO, despite receiving renewed notice that key shareholder Evoworld Corporation will call a meeting to remove directors.
Neon Energy has backed out of a merger agreement with MEO Australia after Evoworld Corporation agreed to make a revised off-market takeover offer for 50 per cent of the shares it doesn't already own in the oil and gas producer.
Craig Bradshaw has been appointed non-executive director of Genesis Minerals. Mr Bradshaw has more than 22 years of experience in the Australian and international mining industry, and is chief executive of a privately owned resource investment company.
Capricorn Metals’ managing director and chief financial officer have resigned after two shareholders of the gold junior successfully ousted three of its directors.
Our daily board moves wrap includes Warren Hallam, Jonathan Shellabear, Tim Kestell, Douglas Jendry, Debra Bakker, Geoff Rogers, Peter Benjamin, Chris Baker, Stephen Stroud, and Stuart Bodey
Our daily board moves wrap includes Tony Leibowitz, David Hatch, Sam Randazzo, Douglas Jendry, Tim Kestel, Stephen Parker, David Lees, Eddie King, and Lincoln Ho.
Our daily board moves wrap includes Michael Bourguignon, Malcolm Smartt, Justin Walawski, Danny Segman, David Phillips, Joseph Ohayon, Tim Kestell, and Simon Andrew.
Frontier Resources has appointed Alec Pismiris as non-executive director, following the resignation of Fenix Dong from the board.
Sean Meakin will take over from Fleur Hudson as company secretary of AssetOwl on September 20. Mr Meakin is a company secretary of several ASX-listed companies and has been an assistant to Ms Hudson since January 2017.
Our board moves wrap includes Tim Kestell and Dennison Hambling.
Our board moves wrap includes Brett Mitchell, Chris Mews, Tim Kestell, Asimwe Kabunga, Prashant Chintawar, and Trevor Matthews.
A Supreme Court judge has criticised Lotus Resources director Grant Davey's credibility as a witness during legal proceedings over a stake in the Kayelekera uranium project.
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Tim Kestell is linked to 10 organisations which are included in 1 list - Public Companies - Resources WA.
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