Mark Creasy takes eq­uity in Myan­mar Met­als Ltd

Mizzima Business Weekly - - IN FOCUS -

Mark Creasy, largest share­holder of Sir­ius Re­sources, has emerged as an im­por­tant share­holder of Myan­mar Met­als Ltd, ac­cord­ing to the business news web­site Proac­tive In­vestors. Myan­mar Met­als has out­lined that Mark Creasy’sYan­dal In­vest­ments has con­verted loans and in­ter­est with a com­bined value of $2,745,000 into Myan­mar Met­als fully paid or­di­nary shares.Yan­dal In­vest­ments now has a 16 per­cent stake in Myan­mar Met­als.The com­pany is fo­cused on the his­tor­i­cal Bawd­win Mine, which was a world-class mine when in pro­duc­tion. “We are de­lighted with this out­come and look for­ward to re­ward­ing Mark’s com­mit­ment, and that of all share­hold­ers, by de­vel­op­ing Bawd­win into a world class, safe and mod­ern mine,” John Lamb, chief ex­ec­u­tive of­fi­cer and ex­ec­u­tive chair­man for Myan­mar Met­als, was quoted as say­ing.

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