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african energy resources-cdi (BP6) Snapshot

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african energy resources-cdi (BP6) Details

African Energy Resources Limited, together with its subsidiaries, is engaged in the exploration, evaluation, and development of coal properties in Africa. It operates in two segments, Botswana Exploration and Zambia Exploration. The company primarily explores for coal and uranium resources. It principally owns a 100% interest in the Sese Coal & Power Project located to the south of the mining hub of Francistown, Botswana. The company is based in Saint Martin, the Channel Islands.

african energy resources-cdi (BP6) Top Compensated Officers

Executive Chairman and Member of Remuneration...
Total Annual Compensation: $51.4K
Managing Director and Executive Director
Total Annual Compensation: $364.6K
Executive Director and Member of Audit Commit...
Total Annual Compensation: $179.7K
Compensation as of Fiscal Year 2013.

african energy resources-cdi (BP6) Key Developments

African Energy Resources Limited Reports Consolidated Cash Flow Results for the Quarter Ended June 30, 2014; Provides Cash Flow Guidance for the Quarter Ending September 30, 2014

African Energy Resources Limited reported consolidated cash flow results for the quarter ended June 30, 2014. For the quarter, the company reported net operating cash outflows of $902,000 compared to $4,346,000 a year ago. For the quarter ending September 30, 2014, the company estimates total cash outflows of $789,000.

African Energy Resources Appoints Wayne Trumble as Non Executive Director

The Board of African Energy Resources announced the appointment of Mr. Wayne Trumble as a Non Executive Director. Mr. Trumble is a senior executive with 35 years of specific industry expertise in electricity, investment and construction. For the twelve years to 2013, Mr. Trumble was the Executive General Manager of Griffin Power Pty Ltd. Mr. Trumble currently sits on the boards of Energy Made Clean and Balance Resources.

African Energy Resources Limited, Annual General Meeting, May 23, 2014

African Energy Resources Limited, Annual General Meeting, May 23, 2014., at 14:30 W. Australia Standard Time. Location: Level 1, 8 Colin Street. Agenda: To consider ratification of placement; to consider approval of placement to Alasdair Cooke; to approve ratification of Sentient Share Placement Fee Issue; and to approve ratification of Macquarie Options Issue.


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