Sorry, correct spelling is Pearce ... They have just taken controle of GLX ... see below
cheers
Perth dealmakers Ian Middlemas and Mark Pearce have taken board positions at West Perth-based oil and gas explorer Gulfx Ltd after backing a share placement.
Mr Middlemas has been appointed chair of the company, with Mr Pearce taking on the role of company secretary as well as a non-executive director's role.
Gulfx, formerly New Horizon Energy Ltd, will make a placement of 50 million shares at 4 cents each to raise $2 million, with a free attaching option exerciseable at 8 cents.
Mr Middlemas' company Arredo Pty Ltd will be the largest subscriber to the deal.
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