Peninsular Gold Limited Company Update and AIM Cancellation (0207S)
July 02 2015 - 6:30AM
UK Regulatory
TIDMPGL
RNS Number : 0207S
Peninsular Gold Limited
02 July 2015
PENINSULAR GOLD LIMITED
("Peninsular", "Group" or the "Company")
Company Update and
Cancellation from trading on AIM
Peninsular Gold Limited provides the following update.
As previously announced, the Company is currently pursuing
several alternative funding opportunities in order to raise fund
for its operations. The Company advises that a fund raising was not
completed during June as previously intended, although discussions
with potential funders are progressing.
The Company had previously anticipated the resumption of
operations at Raub during July 2015 but this has now been delayed
to October 2015 pending the successful outcome of negotiations with
certain potential funders.
Cancellation from trading on AIM
The Company's shares were suspended from trading on 2 December
2014 after operations at Raub ceased. Under AIM Rule 41, the
admission of the Company's shares to trading on AIM will be
cancelled at 7 a.m. on 3 July 2015.
The Company has been listed for more than ten years on AIM,
whereby it has managed to raise funds to develop its assets. The
Company's current intention is to seek a future listing on an
exchange in the Far East where all its assets are currently
held.
To facilitate share trading after the cancellation the Company
intends to implement an off-market trading facility with a third
party and the details of this will be advised.
The Company intends to keep shareholders updated on developments
via its website (http://www.peninsulargold.com).
Dato' Sri Andrew TY Patrick Watson
Kam Finance Director
Chairman and Chief Executive Peninsular Gold Ltd.
Peninsular Gold Limited Tel: +44 (0)7799 885653
Tel: +60 (0)3 2698 8381
------------------------------ -------------------------
Samantha Harrison Martin Lampshire
Nominated Advisor Broker
RFC Ambrian Limited Daniel Stewart & Co.
Tel: +44 (0)20 3440 Ltd.
6800 Tel: +44 (0)20 7776
6550
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This information is provided by RNS
The company news service from the London Stock Exchange
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