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Pin to quick picksCora Gold Regulatory News (CORA)

Share Price Information for Cora Gold (CORA)

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Exercise of Warrants

30 Sep 2020 11:51

RNS Number : 6146A
Cora Gold Limited
30 September 2020
 

Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining

 

30 September 2020

 

Cora Gold Limited ('Cora' or 'the Company')

Exercise of Warrants

 

Cora Gold Limited, the West African focused gold company, announces that on 30 September 2020 a warrantholder exercised their right to subscribe for a total of 714,285 depositary interests of no par value each in the Company ('Ordinary Shares') at a price of 10 pence (British pound sterling) per Ordinary Share expiring on 30 September 2020 raising a total of £71,428.50.

 

Admission and Total Voting Rights

 

Admission to trading on AIM of the 714,285 depositary interests of no par value in the Company issued pursuant to the exercise of warrants will occur at 8.00 a.m. on 06 October 2020 ('Admission').

 

Following Admission, the Enlarged Issued Share Capital of the Company will be comprised of 205,382,159 Ordinary Shares of no-par value each. The above figure of 205,382,159 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in Cora under the FCA's Disclosure and Transparency Rule.

 

Market Abuse Regulation ('MAR') Disclosure

 

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

**ENDS**

 

For further information, please visit http://www.coragold.com or contact:

 

Bert Monro / Norm Bailie

Cora Gold Limited

+44 (0) 20 3239 0010

Christopher Raggett / Charlie Beeson

finnCap Ltd

(Nomad & Joint Broker)

+44 (0) 20 7220 0500

Andy Thacker

Turner Pope Investments

(Joint Broker)

+44 (0) 20 3657 0050

Megan Dennison / Susie Geliher

St Brides Partners

(Financial PR)

+44 (0) 20 7236 1177

 

Notes

Cora is a gold 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's primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (Southern Mali), which Cora believes has the potential for a standalone mine development. Sanankoro has a positive Scoping Study published on it showing 107% IRR and US$41.5m NPV (8% discount rate) at a gold price of US$1,500 / oz. Cora's highly experienced management team has a proven track record in making multi-million-ounce gold discoveries across Africa which have been developed into operating mines.

 

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Date   Source Headline
13th Mar 20247:00 amRNSUpdate on Capital Structure
27th Feb 20247:00 amRNSConversion of US$2,278,500 of CLN
25th Sep 20237:00 amRNSInterim Results: Six Months Ended 30 June 2023
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22nd May 20237:00 amRNSFinal Results
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31st Jan 20227:00 amRNSDFS Field Work Complete for Sanankoro Gold Project
10th Jan 20227:00 amRNSEnvironmental, Social and Governance Update
29th Dec 20217:00 amRNSYear-End Shareholder Letter
13th Dec 20217:00 amRNSDFS Update for Sanankoro Gold Project
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1st Dec 202110:43 amRNS£4.25 Million Fundraise
22nd Nov 20217:00 amRNSUpdated Corporate Presentation
16th Nov 20217:00 amRNSUpdated Mineral Resource Estimate at Sanankoro
22nd Oct 20217:00 amRNSFinal drill results from Zone B deposit, Sanankoro
20th Oct 20217:00 amRNSFinal Drill Results From Selin
8th Oct 20217:00 amRNS73m @ 2.24 g/t at Zone B, Sanankoro Gold Project

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