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12 Oct 2017 11:15
Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining
12 October 2017
Cora Gold Limited ("Cora Gold", "Cora" or "the Company")
Director Dealings
Cora Gold Limited, the West African focused gold exploration company, is pleased to announce that it was informed today that following a purchase yesterday of an additional 200,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 15.50 pence per share, Tanamera Resources Pte Ltd, a company controlled by Geoff McNamara, Chairman of Cora Gold, is now interested in 824,242 Ordinary Shares, equal to approximately 1.50 per cent. of the Company's issued share capital.
For further information, please visit http://www.coragold.com or contact:
Jon Forster | Cora Gold | +44 (0) 20 3239 0010 |
John Depasquale/Nick Harriss/ Liz Kirchner | Allenby Capital (Nominated Adviser) | +44 (0) 20 3328 5656 |
Peter Krens/Nick Orgill | Mirabaud Securities (Joint Broker) | +44 (0) 20 3167 7150 |
Jon Belliss | Beaufort Securities (Joint Broker) | +44 (0) 20 7382 8300 |
Lottie Wadham/Susie Geliher | St Brides Partners (Financial PR) | +44 (0) 20 7236 1177 |
| NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||
a)
| Name | Tanamera Resources Pte Ltd | |
2
| Reason for the notification | ||
a)
| Position / status | A company wholly owned by Geoff McNamara, Non-Executive Chairman of Cora Gold Limited | |
b)
| Initial notification / Amendment | Initial | |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a)
| Name | Cora Gold Limited | |
b)
| LEI | 213800TW2N9JJYCUDD71 | |
4
| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| ||
a)
| Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of no par value
VGG2423W1077 | |
b)
| Nature of the transaction | Acquisition | |
c)
| Price(s) and volume(s)
| Price(s) 0.1550 GBP | Volume(s) 200,000 |
d)
| Aggregated information - Aggregated volume - Price
|
200,000 0.1550 GBP | |
e)
| Date of the transaction
| 11 October 2017 | |
f)
| Place of the transaction
| AIM (LSE) | |
Notes to the Editors
Cora Gold is a new gold exploration company focused on two world class gold regions in Mali and Senegal in West Africa. Historical exploration has resulted in the highly prospective Sanankoro Gold Discovery, in addition to multiple, high potential, drill ready gold targets within its broader portfolio. Cora Gold's primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (South Mali), which Cora Gold believes has the potential for a standalone mine development. Cora Gold's highly experienced and successful management team has a proven track record in making multi-million ounce gold discoveries which have been developed into profitable mines.
** ENDS **
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