- Central Asia Metals has appointed Kenges Rakishev as a non-executive director with immediate effect.

His appointment follows the transfer of the remaining 40% of the Kounrad Copper Company LLP in Kazakhstan to CAML, as announced on 29 October.

Rakishev is a prominent business leader in Kazakhstan. He serves as chairman of the board of directors for a number of large companies including SAT & Co, a diversified industrial holding company, Jinsheng SAT (Tianjin) Commercial and Trading Co, Baicheng Jinsheng Nickel Industry Co, Taonan City Jinsheng Metallurgical Products Co, Ulanhot Jinyuanda Heavy Chemical Industry Co. He also serves as chairman of NASDAQ-listed Net Element International, Inc. (NETE).

He is a founder of Genesis Angels, a private investment fund dedicated to early stage advanced technology companies.

At 4:20pm: [LON:CAML] Central Asia Metals PLC share price was +0.75p at 154.75p

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