PERE.L Share Price (PERE)

I think this share news company as got it wrong 0.2p maybe.

Even that shows AIM just a way to be swindled out of money .

Shares were suspended in London on Thursday at a price of 20 pence per share.

Canada again .

Alliance News

Thu, 18th May 2023 ( Might of missed it 18 days after accident )

Pembridge Resources to liquidate after suspension of mining by Minto

Pembridge Resources PLC on Thursday requested the suspension of its shares with immediate effect after reviewing its "ability to continue to trade as a going concern."

As a result, the mining company with investments in British Columbia, Canada has engaged insolvency advisers at Evelyn Partners to commence steps to place the firm into creditors' voluntary liquidation.

The company took the step after announcing on May 15 that it was unlikely to receive CAD2 million due from Minto Metals Corp, the company's main asset.

Pembridge also announced on that date the suspension of mining by Minto, in which it holds a 11% stake, and the suspension of Minto's trading on the TSXV.

Of the CAD2 million due, CAD250,000 was payable during 2023 and was deemed "critical" to the company's cash flow over the next 12 months.

A general meeting of the company will be convened as soon as practicable to formally resolve that the company be wound up voluntarily.

Shares were suspended in London on Thursday at a price of 20 pence per share.

Found this thread 17/1/2020 .

Might of been even .

Date shows top of a spike might have been a return to trading , declined fast after .

Might of saved half of loss May 2021 at 7p another spike up to 6p November 2021 decline to nothing after that .

Small broker rang ramping it 2017.

Mistake to invest in AIM.

22/8/2017 ..64500 x 1.55p = £999.75

17/7/2018. consolidation.

15/1/2020 nontradable switch.

Chat does not reflect consolation no idea if ever in profit .

Unfortunately I was correct. Hope no-one listened to that muppet Barson.

> to engage insolvency advisers at Evelyn Partners LLP and to commence steps to place the Company into Creditors' Voluntary Liquidation. A General Meeting of the Company will be convened as soon as practicable to formally resolve that the Company be wound up voluntarily.