Cora Gold Limited Result of General Meeting & Directors Dealing (4269X)
April 29 2019 - 6:38AM
UK Regulatory
TIDMCORA
RNS Number : 4269X
Cora Gold Limited
29 April 2019
Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector:
Mining
29 April 2019
Cora Gold Limited ("Cora", "Cora Gold" or "the Company")
Results of General Meeting and PDMR Dealing
Cora Gold Limited, the West African focused gold exploration
company, announces that at its General Meeting held earlier today,
Monday 29(th) April 2019, all Resolutions were duly passed by the
Company's shareholders.
The votes were cast as follows in respect of shareholders who
have appointed the Chairman of the meeting as their proxy:
Votes against Votes withheld
Resolution Votes for % %
-------------- ------------ ---------- -------------- --------- ---------------
Resolution
1 27,080,104 99.99996% 11 0.00004% 0
-------------- ------------ ---------- -------------- --------- ---------------
Resolution
2 27,080,104 99.99996% 11 0.00004% 0
Admission and Total Voting Rights
Following the passing of the Resolutions, the Directors
anticipate that the admission to trading of the 35,064,845 new
ordinary shares of the Company issued pursuant to the placing and
subscription announced on 5 April 2019 ("Placing and
Subscription"), will occur at 8.00am on Tuesday 30 April 2019
("Admission").
Following Admission, the Enlarged Issued Share Capital of the
Company will be comprised of 101,105,139 ordinary shares of no-par
value each. The above figure of 101,105,139 may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in
Cora under the FCA's Disclosure and Transparency Rule.
Director dealing:
Pursuant to the Placing and Subscription, Robert Monro, a
Non-Executive Director of the Company, Subscribed for 519,480 new
ordinary shares in the Company. Of this holding Robert Monro has
transferred 103,896 ordinary shares in the Company into the name of
his dependent child. Accordingly, on Admission, Mr Monro's
beneficial holding will remain as 567,480 ordinary shares
representing approximately 0.56% the enlarged issued share capital
of the Company as notified in the RNS of 05 April 2019.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM:
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: 1. Jonathan Forster
2. Paul Quirk
3. Robert Monro
--------------------------------- --------------------------------------
2. Reason for the notification
-------------------------------------------------------------------------
a) Position/status: 1. Chief Executive Officer
2. Non-Executive Director
3. Non-Executive Director
--------------------------------- --------------------------------------
b) Initial notification/Amendment: Initial notification
--------------------------------- --------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name: Cora Gold Limited
--------------------------------- --------------------------------------
b) LEI: 213800TW2N9JJYCUDD71
--------------------------------- --------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted.
-------------------------------------------------------------------------
a) Description of the financial Depositary Interests
instrument, type of instrument: of no par value
Identification code:
ISIN: VGG2423W1077
--------------------------------- --------------------------------------
b) Nature of the transaction: Issue of ordinary shares
for subscription in
private placement
--------------------------------- --------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1. 3.85 p 1. 129,870
2. 3.85 p 2. 3,246,750
3. 3.85p 3. 519,480
--------------
--------------------------------- --------------------------------------
d) Aggregated information: Single transaction as
Aggregated volume: in 4 c) above
Price: Price(s) Volume(s)
1. 3.85 p 1. 129,870
2. 3.85 p 2. 3,246,750
3. 3.85p 3. 519,480
--------------
--------------------------------- --------------------------------------
e) Date of the transaction: 29 April 2019
--------------------------------- --------------------------------------
f) Place of the transaction: Outside of a trading
venue
--------------------------------- --------------------------------------
Market Abuse Regulation ("MAR") Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
**ENDS**
For further information, please visit http://www.coragold.com or
contact:
+44 (0) 20 3239
Jon Forster Cora Gold 0010
Ewan Leggat / Charlie +44 (0) 20 3470
Bouverat SP Angel (Nomad & Broker) 0470
St Brides Partners +44 (0) 20 7236
Gaby Jenner/Melissa Hancock (Financial PR) 1177
Notes to the Editors
Cora Gold is a 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
operating mines.
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.
END
MSCCKCDNDBKDPQB
(END) Dow Jones Newswires
April 29, 2019 07:38 ET (11:38 GMT)
Cora Gold (LSE:CORA)
Historical Stock Chart
From Apr 2024 to May 2024
Cora Gold (LSE:CORA)
Historical Stock Chart
From May 2023 to May 2024
