21 Jan 2015 11:48
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Don't have an account? Click here to register.Scotgold Resources to de-list on ASX on 21 October
Tue, 20th Sep 2016 12:24
(ShareCast News) - AIM listed miner Scotgold Resources will de-list from the Australian Stock Exchange (ASX) on 21 October in a bid to consolidate securities trading and save costs.The gold and silver miner is to de-list due to its limited trading volume on ASX, as over the past six months about 98% of trading securities occurred on the London Stock Exchange's AIM market and about 87% of the securities in Scotgold are held by UK residents or already registered as depository interests on AIM.The de-listing will reduce costs and management time, as well as consolidate trading onto one market which is beneficial to its UK-based management team.The company will officially de-list at 4pm (Sydney time) on 21 October and the last day of trading will be on 19 October.Scotgold's securities will remain tradable as depository interests on AIM under the SGZ code and Australian shareholders will be able to transfer their shares to depository interests on AIM.There will be no change to the quotation and trading on AIM.Shares in Scotgold were down 13.85% to 0.560p at 1229 BST.
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Scotgold Resources Amends Terms Of Investment
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Scotgold Resources Restarts Exploring At Grampian, Mulls Cononish Scale-Back
LONDON (Alliance News) - Scotgold Resources Ltd Thursday said that exploration work has recommenced on its Grampian gold project, and it has appointed Australian Mining Consultants UK Ltd to investigate whether it can move its Cononish gold and silver project to a smaller starter project. T
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Scotgold Resources Raises AUD50,270 In Additional Share Issuance
LONDON (Alliance News) - Scotgold Resources Ltd Friday said it has raised AUD50,270 through a share issuance of 6.1 million shares at a price of AUD0.008175 per share. The news comes after the gold exploration and development company, with operations in Scotland, announced in February that
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Scotgold Pretax Loss Narrows On Improved Revenues And Lower Costs
LONDON (Alliance News) - Scotgold Resources Ltd Friday said its pretax loss narrowed in its first half as revenues increased and costs fell at the firm. The gold exploration and development company, with operations in Scotland, said its pretax loss narrowed to AUD1.0 million for the six mon
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