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Spread: 1.00 (2.273%)
Market Cap: £17.29m
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MARKET UPDATE

16 Apr 2013 09:36

RNS Number : 4451C
Athol Gold and Value Limited
16 April 2013
 



ATHOL GOLD & VALUE LIMITED

 

("Athol" or the "Company")

 

MARKET UPDATE

 

Athol notes the announcement released by Silvermere Energy plc ("Silvermere") this morning, and confirms that it is in discussions with the Board of Silvermere regarding the loan outstanding from Athol to Silvermere.

A further announcement will be made in due course if and when any agreement is reached.

Separately, Athol can also confirm that the second of four agreed quarterly redemptions of units in the Webb Growth fund has now completed, under the terms of the agreement announced on 2nd October 2012, and that a portion of the realised funds has been allocated to paying down existing debt.

 

 

For further information please call:

Athol Gold and Value Limited

Jennifer Allsop

+44 7788 451 744

 

Libertas Capital Corporate Finance Limited

Sandy Jamieson

 

+44 207 569 9650

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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