Imara Gold Plc said it has accepted the immediate resignations of Mr. Jason Brewer, Mr. Simon Grant‑Rennick, Mrs. Noreen Kidunduhu, Mr. Edward Ruheni, Mrs. Hannah Wang'ombe, Mr. Kevin Warrington and Mr. Martin Westerman to facilitate a proposed refinancing and a planned re‑listing.
Mr. Stefan Muller is remaining as director; "The Company expects to appoint new directors in the very near future," the company said in the filing.
Discussions "in relation to the proposed refinancing and other operational related activities in the United Kingdom and Kenya remain ongoing," the filing said, while cautioning that "there can be no guarantee that the proposed refinancing will be completed on acceptable terms, or at all."
"The Board nevertheless considers that pursuing the proposed refinancing is in the best interests of the Company and its shareholders," the company said, adding that it "will provide further updates to shareholders as negotiations progress."
