Late market news on Friday 20th April via RNS statement has seen Tom Winnifrith appointed as Chief Operating Officer at Athol Gold and Value. The company listed on aim,has had perhaps an unfair ride in the markets of late where a number of smallcap investment based stocks have seen their shareprices and market caps marked down due to wider market sentiment.
But at Athol Gold the story is actually quite a good one,having last year posted a maiden profit in excess of £1m and increased both its asset coverage and cash position. The company have a number of interesting stakes in a wide range of largely but not exclusively Gold Miners and hold various Warrants and Loan notes in early stage resource companies.
Tom Winnifrith has been involved with Athol in various roles since its inception, but over the majority of that time was mainly in an advisory role. Tom is now going to take an active hands on approach at the company in his new role as Chief Operating Officer and the company look to be entering an exciting period .
For full official statement click link below
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