{"id":637115,"date":"2017-11-08T04:04:20","date_gmt":"2017-11-08T04:04:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/stratex-international-votes-to-remove-ceo\/"},"modified":"2017-11-08T04:04:20","modified_gmt":"2017-11-08T04:04:20","slug":"stratex-international-votes-to-remove-ceo","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/stratex-international-votes-to-remove-ceo\/","title":{"rendered":"Stratex International votes to remove CEO"},"content":{"rendered":"

MOVES- <\/strong>The board of gold miner Stratex International <\/strong>voted to remove<\/strong><\/a> Marcus Engelbrecht<\/strong> as a director and to terminate his employment as CEO. The board also terminated the proposed bid to acquire Crusader Resources Limited. Stratex has a 30.5% interest in privately-owned Thani Stratex Resources Limited for its projects in Egypt<\/strong> and Djibouti.<\/p>\n","protected":false},"excerpt":{"rendered":"

MOVES- The board of gold miner Stratex International voted to remove Marcus Engelbrecht as a director and to terminate his employment as CEO. The board also terminated the proposed bid to acquire Crusader Resources Limited. Stratex has a 30.5% interest in privately-owned Thani Stratex Resources Limited for its projects in Egypt and Djibouti.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637115","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2ddb155a-c1fa-481a-a93f-3ece23e0d07c","order":"0","is_powered_by":true,"section_story_id":"07f9b646-13c4-4adb-96ee-ad68f89871b8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637100],"teaser":"","voice_url":""},"yoast_head":"\nStratex International votes to remove CEO - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/stratex-international-votes-to-remove-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stratex International votes to remove CEO\" \/>\n<meta property=\"og:description\" content=\"MOVES- The board of gold miner Stratex International voted to remove Marcus Engelbrecht as a director and to terminate his employment as CEO. The board also terminated the proposed bid to acquire Crusader Resources Limited. 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Speaking at\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567251,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/16\/madbouly-issues-executive-regulations-for-amended-mineral-resources-act\/","url_meta":{"origin":637115,"position":2},"title":"Madbouly issues executive regulations for amended Mineral Resources Act","author":"enterpriseam admin","date":"16 January 2020","format":false,"excerpt":"LEGISLATION WATCH- Mineral Resources exec regs issued: Prime Minister Moustafa Madbouly has issued the executive regulations for the amended Mineral Resources Act, cabinet said in a statement. The regs confirm that the changes cap royalty payments at 20% of the value of annual production, and introduce a minimum of 5%.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/620.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":642833,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/el-saie-replaces-taima-as-head-of-emra\/","url_meta":{"origin":637115,"position":3},"title":"El Saie replaces Taima as head of EMRA","author":"enterpriseam admin","date":"23 August 2017","format":false,"excerpt":"MOVES- Ayman El Saie was appointed as head of the Egyptian Mineral Resources Authority (EMRA), according to Ahram Gate. El Saie succeeds Omar Taima, who was at loggerheads with the largest gold explorers in the country over the terms of the most recent gold exploration tender. 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