IN BRIEF: Pembridge Resources appoints liquidators

Pembridge Resources PLC - London-based mining company - Announces the company has been formally placed into creditors' voluntary liquidation. Kevin Ley and Clare Lloyd of Evelyn Partners LLP have been appointed joint liquidators. Following the appointment, Gati Al-Jebouri and Guy Le Bel resigned as directors.

In May, Pembridge requested the suspension of its shares, following its announcement that it was unlikely to receive CAD2.0 million, around GBP1.2 million, due from Minto Metals Corp, its principal asset. This followed the Canadian Investment Regulatory Organisation issuing a cease to trading order of Minto Metals Corp.

Current stock price: suspended, last quoted at 0.20 pence

12-month change: down 96%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.