If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGolden Saint Resources Share News (GSR)

  • There is currently no data for GSR

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Golden Saint Resources Proposes Move To Main Market After Acquisition (ALLISS)

Fri, 23rd Mar 2018 12:29

LONDON (Alliance News) - Golden Saint Resources Ltd said on Friday it will seek shareholder approval to cancel its trading on the London Stock Exchange's AIM market, and transfer to the Main Market following a reverse takeover.

Shares in the West Africa-focused diamond and gold mining company were suspended, last quoted at 0.017 pence.

The company said it intends to apply for admission to the Main Market following the completed acquisition, and to cancels its AIM shares to preserve its funds. To this end it will hold a general meeting on April 13.

The proposal will require no less than 75% of shareholder approval, and if passed, share cancellation is expected to take place on April 24.

In December, Golden Saint entered a conditional agreement to wholly acquire supplier, installer and maintenance provider of structured cabling systems EMS Wiring Systems Pte Ltd for 70% of Golden Saint's shares, and will also sell its existing assets in West Africa.

For the year ended March 31, EMS Wiring had a revenue of SGD5.9 million and a pretax profit of SGD625,721.

Golden Saint expects to make new board appointments on the completion of the acquisition, including a new finance director and non executive director, and will change its name to Golden Saint Technologies Ltd.

More News
20 Jan 2017 12:55

Golden Saint makes good progress at Baja and Tongo

(ShareCast News) - West Africa-focused diamond and gold exploration company Golden Saint Resources provided the market with operational updates on Friday, relating to two of its exploration licence areas in Sierra Leone - Baja and Tongo. The AIM-traded firm confirmed no exploration was currently bei

Read more
20 Jan 2017 12:12

Golden Saint Resources Recovers Further Six Diamonds At Baja

Read more
16 Nov 2016 14:13

Golden Saint Resources making progress at Baja and Tongo

(ShareCast News) - West Africa-focused diamond and gold exploration company Golden Saint Resources updated the market over two of its licences in Sierra Leone on Wednesday - the Baja licence and the Tongo licence. The AIM-traded firm said that following completion of the vehicular road access at Baj

Read more
16 Nov 2016 10:57

Golden Saint Recovers Three Diamonds At Baja Licence In Sierra Leone

Read more
19 Jul 2016 11:48

Golden Saint Resources To Make Licence Renewal Payments

Read more
28 Jun 2016 13:50

Golden Saint Upbeat On Sierra Leone Operations Following Ebola Crisis

Read more
13 Jun 2016 07:56

Golden Saint Resources Raises GBP400,000 In Discounted Placing (ALLISS)

Read more
18 May 2016 09:36

WINNERS & LOSERS SUMMARY: Burberry Shares Fall Out Of Fashion

Read more
18 May 2016 09:06

Golden Saint Resources Raises GBP536,930 In Placing (ALLISS)

Read more
16 May 2016 11:48

Golden Saint Resources Says Sierra Leone Licence Renewals Approved

Read more
3 May 2016 08:45

Golden Saint Sees Good Interest From Myanmar Trade Show

Read more
26 Apr 2016 16:30

Golden Saint Resources Says Sierra Leone Licences Renewal Approved

Read more
23 Mar 2016 12:09

LONDON MARKET MIDDAY: Betting Stocks Back Of The Pack In Flat Trade

Read more
23 Mar 2016 11:09

Golden Saint Resources Expects Licence Renewals In First Half Of 2016

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.