2 Companies Announcing A Change In Its Board Of Directors- VML And SKP

  • Jan 07, 2019 AEDT
  • Team Kalkine
2 Companies Announcing A Change In Its Board Of Directors- VML And SKP

Vital Metals Limited (ASX: VML)

Penny stock Vital Metals Limited traded flat on the announcement of new Director on Board. In the statement to Australian Securities Exchange, the mineral explorer Vital Metals stated that Mr. Phillip Coulson had been appointed as Non-Executive Director of the Company effective today, i.e., 7 January 2019.

Bachelor of Economics from the University of Western Australia, Mr. Coulson has over 18 years of corporate advisory experience having held senior advisory positions in several organizations including Montagu Stockbrokers and Patersons Securities Limited. Currently, Mr. Phillip Coulson is working as a private investor and corporate consultant and has earlier promoted and advised numerous companies in the identification and acquisition of technology and resource projects.  

Vital Metals Limited (ASX: VML) is into the exploration and production of gold, zinc, other base metals across Burkina Faso region in West Africa. The company also focuses on highly prospective mineral projects in Germany for the exploration of technology metals – cobalt, tin, and tungsten.

VML last traded at $0.008 and a market capitalization of $13.94 million. Over the past 12 months, the stock has witnessed a negative performance change of 33.33%, but on the positive side, the stock has surged up by 14.29 over the past three months.

Skyland Petroleum Group Limited (ASX: SKP)

Oil and Gas producer Skyland Petroleum today presented the clarification on the recent resignation of its Director Dr. Raden Sukhyar. On 3 January 2019, the company unraveled the exit of Dr. Sukhyar for the first time.

Although the company has provided no specific reason for the resignation of Director Dr. Sukhyar in today’s release, Skyland reaffirmed that Dr. Raden Sukhyar has resigned from the role of company’s Director with effect from 31 December 2018. Now, the Board of Skyland Petroleum Group Limited comprises of Mr. Marco Arosti, Mr. Domenic Martino, and Mr. Ghassan Zok.

Skyland Petroleum Group Limited is an Australian-based oil and gas exploration and production company.  It primarily focuses on increasing its interest in a portfolio of oil and gas assets mainly in the states of the former Soviet Union.

There has been no daily price movement in Skyland’s securities on Monday, 7 January 2019 as the stock remains suspended. However, the stock last traded at $0.060. SKP has fallen 40.00% over the past three months to 2 December 2016.


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