David Frances

Black Horse Mining Limited | Chief Executive Officer, Managing Director

Mr Frances is an international executive with nearly 30 years of experience in transacting, discovering, funding, developing, and operating assets in Australia and Africa. He has held senior leadership positions, including Chairman, President, Managing Director, and Non-Executive Director, across ASX and TSX listed and private companies. He has engaged with governments at multiple levels and has experience in delivering projects in complex jurisdictions. He is currently Managing Director of Province Resources Ltd and Non-Executive Director of Southern Hemisphere Mining Ltd.

Companies and Roles

Company	Title	Tenure	Since
BHL Black Horse Mining Limited	Chief Executive Officer Managing Director	1yrs, 7mth	Dec 2024
PRL Province Resources Ltd	Chief Executive Officer Managing Director	5yrs, 11mth	Aug 2020
SUH Southern Hemisphere Mining Limited	Non-Executive Director	5yrs, 5mth	Feb 2021
FUN Fortuna Metals Ltd	Non-Executive Director	4yrs, 5mth	Feb 2022

Holdings

Company	Last Notice	Direct Shares	Indirect Shares	Options	Convertibles
FUN Fortuna Metals Ltd	15/08/25	0	N/A	3,000,000	N/A
SUH Southern Hemisphere Mining Limited	30/06/25	N/A	1,562,499	1,000,000	N/A
LNR	13/05/25	0	N/A	30,000,000	N/A
BHL Black Horse Mining Limited	12/12/24	N/A	20,000	16,000,000	N/A
PRL Province Resources Ltd	20/09/24	N/A	20,000,000	N/A	N/A

Transactions

Company	Date	Type	Amount	Price	Value	Notes
FUN Fortuna Metals Ltd	15/08/25	Issued	2,000,000	$0.040	$80,000	Issue of options
FUN Fortuna Metals Ltd	13/05/25	Expiry	11,250,000	$0.002	$22,500	Options expired
LNR	13/05/25	Expiry	11,250,000	$0.002	$22,500	Options expired
LNR	22/03/24	Issued	30,000,000	$0.003	$90,000	Issue of options
SUH Southern Hemisphere Mining Limited	16/02/24	Expiry	729,166	$0.041	$29,895	Options expired

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