Last checked at 18 May 2018 07:00
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR")
Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining
18 May 2018
Cora Gold Limited ("Cora Gold", "Cora" or "the Company")
Significant Shareholder Increases Interest to 12.07%
Cora Gold Limited, the West African focused gold exploration company, announces that it received notification on 17 May 2018 that Lord Farmer has purchased an additional 720,000 ordinary shares in the Company ("Ordinary Shares") in three separate transactions at varying prices as detailed in the table below. As a result, Lord Farmer now owns 6,634,730 Ordinary Shares in the Company which represents 12.07% of the Issued Share Capital.
Date of Purchase | Number of Shares | Price per Ordinary Share |
28 March 2018 | 50,000 | 14.80p |
29 March 2018 | 50,000 | 15.00p |
1 May 2018 | 620,000 | 16.13p |
** ENDS **
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 (Broker) | +44 (0) 20 3167 7150 |
Lottie Wadham/Susie Geliher | St Brides Partners (Financial PR) | +44 (0) 20 7236 1177 |
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.