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Readmission Update

21 Aug 2018 09:30

RNS Number : 4126Y
Lionsgold Limited
21 August 2018
 

Lionsgold Limited

("Lionsgold", "LION" or the "Company")

Readmission Update

Lionsgold (LSE: LION), the gold company focused on the exploration, production and retail application of physical gold, including the development of the gold currency Goldbloc®, is pleased to provide the following update.

Further to the announcement of 11 May 2018, Lionsgold has been expanding its business proposition and key personnel, including targeting suitable additions to augment the Board in September/October. Concurrently Lionsgold continues to work with its advisers on the process required for readmission to trading on AIM of its ordinary shares. The Directors now expect that the readmission process will be completed in the fourth quarter of this calendar year instead of late Q3, 2018. Further updates will be provided in due course.

 

Enquiries:

 

Lionsgold Limited

Cameron Parry (Chief Executive Officer)

 

Tel: +44 (0)20 8065 0215

 

WH Ireland Limited (Nominated Adviser)

Tim Feather/Chris Viggor

 

Tel: +44 (0)113 394 6600

 

Smaller Company Capital Limited (Broker)

Rupert Williams / Jeremy Woodgate

Tel: +44 (0)20 3651 2911

 

 

About LIONSGOLD Limited (LSE: LION)

Lionsgold is a London Stock Exchange AIM market quoted, gold-focused company involved in the exploration, production and retail application of physical gold, with gold assets in India and Finland and a wholly owned financial technology company developing the digital gold currency, Goldbloc®.

Lionsgold's three core focuses are:

· Strategic partnership with leading India gold exploration and mine development company, Geomysore, in which Lionsgold holds 21.65%;

· Developing the digital gold currency Goldbloc® under its wholly owned financial technology subsidiary and 12.5% holding in banking platform developer Railsbank Technology Ltd, to enable customers to utilise direct ownership of physical gold as a currency via the international banking system (www.goldbloc.com); and

· Gold exploration and production in Finland via 30% ownership of Finnish joint venture.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
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2nd Mar 201810:01 amRNSChange of Adviser
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20th Feb 201810:46 amRNSBanking Platform Ownership and Exclusive for Gold
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18th Jan 20184:40 pmRNSSecond Price Monitoring Extn
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14th Dec 20179:05 amRNSSecond Price Monitoring Extn
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8th Dec 201712:27 pmRNSHolding(s) in Company
8th Dec 201711:35 amRNSIssue of Equity
4th Dec 20174:40 pmRNSSecond Price Monitoring Extn

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