2 Mar 2018 17:25
Pembridge Resources plc
("Pembridge" or the "Company")
Statement re joint broker
The Company notes the announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited ("BACSL") being placed into insolvency and that the Financial Conduct Authority (the "FCA") has imposed requirements on BSL and BACSL to cease all regulatory activity.
BSL is a joint broker to the Company. As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to the Company.
The Company, having recently appointed GMP Securities LP and Arden Partners to act as joint brokers alongside SI Capital, will not be seeking to replace BSL as a joint broker.
Pembridge Resources plc: +44 20 7917 2968 (UK)
David Linsley, Chief Executive Officer
Thomas Horton, VP Project Development
Joint Brokers
GMP Securities L.P. - Canada: +1 416 367 8600
Michael Barman
Arden Partners - United Kingdom: +44 20 7614 5900
Fraser Marshall
SI Capital - United Kingdom: +44 14 8341 3500
Nick Emerson
Financial Public Relations
Tavistock Communications: +44 20 7920 3150
Jos Simson
Charles Vivian
About Pembridge Resources plc
Pembridge Resources is a mining focused SPAC listed on the main market for listed securities of the London Stock Exchange plc. The Company's management is composed of a team of senior leaders with experience in various board and executive positions with a complementary mix of expertise in geology, engineering, project appraisal, and commercial development across a wide range of commodity groups and mining jurisdictions.
For more information go to www.pembridgeresouces.com