BWA Group Plc
BWAP:AQX
Overview
Company Profile
BWA Group plc is an investment company, originally established in 1932
In September 2019, BWA acquired the whole of the issued share capital of Kings of the North Corp, a company incorporated in Canada, which owns a number of mining rights in Quebec and Ontario, principally in respect of gold. Through its wholly owned subsidiary, BWA Resources (UK) Limited, and an associated 21% stake in Mineralfields Group Limited, BWA is seeking mining exploration permits for rutile sands in Cameroon.
BWA also has an investment in Prepaid Global Services Limited (formerly Prego) which is involved in the development, distribution and operation of payment systems aimed at foreign guest workers in the EU, the Middle East and South East Asia.
Classification
Sector Financials
Corporate
Board of Directors
Richard Godfrey Battersby
Non-executive Chairman
Richard has for the last 35 years worked in and around the venture capital industry. Having qualified as a chartered accountant he initially worked for The Royal Bank of Scotland and then joined the development capital subsidiary of that group. Subsequently, he became part of a management buyout team for a Sheffield based motor distribution group selling buses, coaches, trucks, vans and cars. That company came to the stock market through a reverse take-over of a coach manufacturing business. It made several successful acquisitions and after ten years Richard moved to develop his own small venture capital business, mainly using his own capital. He became a director of several listed and unlisted companies in the process. In 1996 Richard moved to Guernsey where he became a director and shareholder in several local businesses as well as retaining interests in the UK and elsewhere in Europe. Richard was a director of Rensburg AIM VCT plc and other listed companies.
James Montford Victor Butterfield
Non-executive Director
James joined 3i plc in 1969 and, over a ten year period, became an Area Manager and Local Director, in which role he oversaw and managed a portfolio of more than 200 unquoted investments. Since leaving 3i plc, he has, for over 30 years, specialised in advising small to medium sized companies on a range of matters including stock market listings, mergers and acquisitions, fund raising and corporate recovery work. Until October 2009, James was a director of Essentially Group Ltd, an AIM quoted sports marketing and management business, in which he was actively involved in the creation and early development of what is now one of the world's largest Rugby Union and Cricket player management businesses. James resigned as a result of a successful takeover of the business by Chime Communications Plc. James is also currently a director of EDGE10, a world-class provider of sports technology to 750 sports teams internationally.
Michael Alexander Borrelli
Non-executive Director
Alex initially studied medicine and then qualified as a chartered accountant with Deloitte, Haskins & Sells, London in 1982. He was subsequently active within the investment banking sector and acted on a wide variety of corporate transactions in a senior role for over 20 years, including flotations, takeovers, mergers and acquisitions for private and listed companies. Alex is Chairman and a non-executive director of a number of listed and private companies including Xpediator Plc on AIM and Greatland Gold Plc on AIM.uk
James Hogg MSc. BSc. MAIG
Non-executive Director
James is Principal Geologist and Managing Director of Addison Mining Services (“Addison”) and has over 20 years of experience across several geographies and mineral types. Having spent the early part of his career with major mining houses Delta Gold, Sons of Gwalia and Newmont Mining in Australia, he moved into a consulting geologist role with ACA Howe in 2005, before moving to Micromine, a leading mining technology business. Addison, an independent mining consulting and technical advisory business, was founded by James in 2014 and it has been advising BWA on its Cameroon rutile sands project for the past year, and, more recently, also its Canadian assets. Addison continues to provide technical consulting services to the Company.