Source - LSE Regulatory
RNS Number : 8803K
Cora Gold Limited
06 September 2021
 

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

 

06 September 2021

Cora Gold Limited ('Cora' or 'the Company')

Exercise of Share Options

 

Cora Gold Limited, the West African focused gold company, announces that on 06 September 2021 a share option holder has exercised their right to subscribe for a total of 1,250,000 depositary interests of no par value each in the Company ('Ordinary Shares') at a price of 8.5 pence (British pound sterling) per Ordinary Share expiring on 09 October 2023 raising a total of £106,250.

 

Admission and Total Voting Rights

 

Admission to trading on AIM of the 1,250,000 depositary interests of no par value in the Company issued pursuant to the exercise of share options will occur at 8.00 a.m. on 10 September ('Admission').


Following Admission, the Enlarged Issued Share Capital of the Company will be comprised of 247,057,159 depositary interests of no-par value each. The above figure of 247,057,159 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Cora under the Financial Conduct Authority's Disclosure and Transparency Rule.


Market Abuse Regulation ('MAR') Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, until the release of this announcement.

 

**ENDS**

 

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

 

Bert Monro / Norm Bailie

Cora Gold Limited

+44 (0) 20 3239 0010

Christopher Raggett / Charlie Beeson

finnCap Ltd

(Nomad & Joint Broker)

+44 (0) 20 7220 0500

Andy Thacker / James Pope

Turner Pope Investments

(Joint Broker)

+44 (0) 20 3657 0050

Susie Geliher / Selina Lovell

St Brides Partners

(Financial PR)

+44 (0) 20 7236 1177

 

Notes

 

Cora is a gold 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's primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (Southern Mali), which Cora believes has the potential for a standalone mine development. Cora's highly experienced management team has a proven track record in making multi-million-ounce gold discoveries, which have been developed into operating mines.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCDKABNQBKDQCK
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.