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Golden Saint Resources Expects Licence Renewals In First Half Of 2016

Wed, 23rd Mar 2016 11:09

LONDON (Alliance News) - Golden Saint Resources Ltd Wednesday said it has submitted applications to renew its three licences in Sierra Leone and expects approval to be granted by authorities before the end of the first half of 2016.

Golden Saint said applications to renew the Tongo, Baja and Moa licences have been submitted to the National Minerals Agency, which has also indicated the company has met all necessary obligations that should mean the applications will be approved.

Golden Saint can continue to operate all three licences whilst the renewal process is carried out.

Golden Saint shares were trading up 3.4% to 0.0362 pence per share on Wednesday morning.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

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