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Resignation of Nominated Adviser

Tue, 18th Jul 2017 10:27

RNS Number : 3712L
Nyota Minerals Limited
18 July 2017

For immediate release

18 July 2017

Nyota Minerals Limited

("Company" or "Nyota")

Resignation of Nominated Adviser

Change of Advisers

The Board of Nyota announces that Beaumont Cornish Limited, the Company's nominated adviser, has served notice on the Company that it will resign as the Company's nominated adviser with effect from 17 August 2017 ("Effective Date"). Beaumont Cornish Limited has reserved the right at its absolute discretion to bring forward the Effective Date beforehand. Pursuant to AIM Rule 1, in the event that a replacement nominated adviser is not appointed by the Company by at the latest 17 August 2017, the Company's shares will be suspended and will be cancelled if an appointment is not made within one month thereafter.

Subsequently, Peterhouse Corporate Finance Limited, the Company's broker, has also informed the Company that it will resign as the Company's broker with effect from 17 August 2017.

A further announcement on prospective appointments of new advisers will be made in due course.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 956/2014.

For more information please visit www.nyotaminerals.com or contact:

Andrew Wright

Director, Nyota Minerals Limited

etruscancap@gmail.com

Michael Cornish James Biddle

Beaumont Cornish Limited Nominated Advisor

+44 (0) 207 628 3396

Lucy Williams Eran Zucker

Peterhouse Corporate Finance Limited

+44 (0) 20 7469 0930

ENDS

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