News Articles for Frank Richmond

Board Moves July 3, 2017

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Dr Mark Elliott has been appointed non-executive director of Aruma Resources. Dr Elliott is a chartered professional geologist with 40 years' experience in the resources industry.

Richmond steps down from Cirrus board

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The founder of ASX-listed IT company Cirrus Networks has stepped down from the company's board after undergoing heart surgery and forming plans to move overseas.

Cirrus secures $2m contract

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Perth-based IT solutions integrator Cirrus Networks has won a state government support contract worth more than $2 million.

Cirrus Networks appoints new managing director

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Matthew Sullivan has been appointed as the new managing director of Cirrus Networks. Mr Sullivan has been a non-executive director of Cirrus since November 2014.

Sullivan to lead Cirrus

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Cirrus Networks has announced non-executive director and IT entrepreneur Matt Sullivan will transition to the role of managing director at the company's next general meeting.

Cirrus buys L7 Solutions

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Recently-listed IT company Cirrus Networks has bought Amcom L7 Solutions for a knock-down price of $500,000, four years after current Cirrus directors Andrew Milner and Matthew Sullivan sold the business for $15 million.

Cirrus wins Bethanie project

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Recently-listed IT company Cirrus Networks has won a contract to provide its services to aged care provider Bethanie for an undisclosed sum.

Liberty raises $5m for IT move

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Liberty Resources has completed a $5 million capital raising that marks one of the final steps in its reverse takeover of IT company Cirrus Networks.

Liberty progresses Cirrus deal

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Liberty Resources is ticking the remaining boxes on its list of requirements to be met for its proposed acquisition of Cirrus Networks, with an independent expert giving the transaction its stamp of approval today, ahead of a shareholders meeting next month.

Liberty targets Cirrus after board spill

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Liberty Resources is set to proceed with its move into the IT sector, through the acquisition of Cirrus Networks, after taking the extraordinary step of having a board spill to hasten the removal of two directors.

Liberty to exit mining with IT acquisition

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Liberty Resources has announced its intention to exit the mining industry by entering into an option agreement to acquire local IT firm Cirrus Networks for an undisclosed amount.