Phoenix Copper sacks chair and CFO after investigation
From miningweekly.com
US-focused Phoenix Copper has dismissed its executive chairperson Marcus Edwards-Jones and CFO Richard Wilkins following an internal investigation that uncovered undisclosed related-party payments and unauthorised transactions. The Aim-listed company said on Monday that its board had concluded the investigation into allegations regarding the conduct of the two executives and terminated their service agreements with immediate effect.The probe found that historic payments totalling about $1.765-million were made between 2016 and 2025 to Lloyd Edwards-Jones, a corporate finance advisory firm owned and directed by ...
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