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Praetorian Resources Ltd

  • BY: Andrew Hore |
  • POSTED: 20/06/2012 |

Mining investment company Praetorian Resources Ltd plans to join Aim in early July.

There are no real limits on what geographies and types of mineral that Praetorian will invest in. No more than 20% of net asset value will be invested in any single company.

Guernsey-registered Praetorian (www.praetorianresources.com) has appointed Charles Cannon-Brookes as its investment manager and Malcolm Burne is a non-executive director and a member of the execution and advisory team. Both men are also directors of cash shell Longships. The other member of the execution and advisory team is fund manager Richard Lockwood who is a Longships shareholder and a non-executive director of Praetorian. Burne and Lockwood have been involved together in the company that became Ambrian Capital and Golden Prospect Precious Metals. Praetorian chairman Robert King is also a director of Golden Prospect Precious Metals.

Former Kalahari Minerals boss Mark Hohnen is a non-executive of Praetorian

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJune2012_33.pdf

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