SIERRA RUTILE TAKEOVER…
MAFIA CRAIG DEAN EMBROILS IN ANOTHER CRIMINALITY
Just on the 12th of March when Sierra Rutile announced in the Australian Stock Market that a company owned by US Mining Mafia, Craig Dean, PRM Service LLC, bought a share of 8.19% in the company, he (Craig Dean) has made what the company described as “Unsolicited Move” to take over Sierra Rutile.
In the letter of March 12, they noted that PRM Services LLC, registered in the Commonwealth Republic of Puerto Rico, is associated with Gerald Group which is 75% owned by Craig Dean.
However, investigations proved that the said PRM Service is not only associated with Gerald Group but Craig Dean is the authorizing person, who was sent a text on WhatsApp that could be tantamount to Mining Mafia.
It was after that message for which Craig Dean failed to respond to the journalists that an update was made on 14 March on Australian Stock about Craig’s status with PRM Services LLC.
“Sierra Rutile Limited refers to its announcement entitled New substantial owners on 12 March 2024. Sierra Rutile has received the attached letter and form 604 from PRM Service LLC (PRM). The Form 604 discloses: a decrease in PRM Voting Power from 8.19 to 6.15% and states that Craig Dean (who is the Chairman of and CEO of Gerald Group) has a relevant interest in PRM due to Craig Dean having control of PRM,” the undated announcement revealed.
It is still unclear why Craig Dean initially failed to make full disclosure of his interest in PRM Services but when he was messaged by Journalists he failed to respond.
Craig is also said to have nominated himself, Wara Serry Kamal, Stephen Palmer, and Zhaoyin Jing as directors of the company representing PRM.
While some experts have questioned the experience of Wara Serry Kamal in mining issues, others believe she has a huge interest in company law.
Craig Dean is not a stranger to the Sierra Leone Mining Sector as he worked with Frank Timis at the Timis Corporation. They were taken to court by Cape Lambert in 2017 but his SL Mining Company had an out-of-court settlement with the Government of Sierra Leone because the government suspended what they deemed at the time as a rogue license and mining agreement that was rushed through Parliament on the eve of the 2018 elections.
Craig has allegedly bought two jets for the first time but has so far failed to give any dividend to the government ever since the Marampa Mines started operations in the country.
It is believed that those jets are run by Marampa Mines but they have failed to give the government anything.
More details about the US-supported Mining Mafia in the Sierra Leone mining sector to be revealed soon.