Source - RNS
RNS Number : 4951O
Cora Gold Limited
18 May 2018
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") 

 

Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining

18 May 2018

 Cora Gold Limited ("Cora Gold", "Cora" or "the Company")

Significant Shareholder Increases Interest to 12.07%

 

Cora Gold Limited, the West African focused gold exploration company, announces that it received notification on 17 May 2018 that Lord Farmer has purchased an additional 720,000 ordinary shares in the Company ("Ordinary Shares") in three separate transactions at varying prices as detailed in the table below.  As a result, Lord Farmer now owns 6,634,730 Ordinary Shares in the Company which represents 12.07% of the Issued Share Capital.

 

Date of Purchase

Number of Shares

Price per Ordinary Share

28 March 2018

50,000

14.80p

29 March 2018

50,000

15.00p

1 May 2018

620,000

16.13p

 

** ENDS **

 

For further information, please visit http://www.coragold.com or contact:

 

 Jon Forster

Cora Gold

+44 (0) 20 3239 0010

 John Depasquale/Nick Harriss/ Liz Kirchner

Allenby Capital (Nominated Adviser)

+44 (0) 20 3328 5656

 Peter Krens/Nick Orgill

Mirabaud Securities (Broker)

+44 (0) 20 3167 7150

 Lottie Wadham/Susie Geliher

St Brides Partners (Financial PR)

+44 (0) 20 7236 1177

 

Notes to the Editors

Cora Gold is a new gold exploration company focused on two world class gold regions in Mali and Senegal in West Africa. Historical exploration has resulted in the highly prospective Sanankoro Gold Discovery, in addition to multiple, high potential, drill ready gold targets within its broader portfolio. Cora Gold's primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (South Mali), which Cora Gold believes has the potential for a standalone mine development. Cora Gold's highly experienced and successful management team has a proven track record in making multi-million ounce gold discoveries which have been developed into profitable mines.

 

 


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