Significant Shareholder Increases Interest

RNS Number : 4951O

Cora Gold Limited

18 May 2018

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR") 

Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining

18 May 2018

 Cora Gold Limited ("Cora Gold", "Cora" or "the Company")

Significant Shareholder Increases Interest to 12.07%

Cora Gold Limited, the West African focused gold exploration company, announces that it received notification on 17 May 2018 that Lord Farmer has purchased an additional 720,000 ordinary shares in the Company ("Ordinary Shares") in three separate transactions at varying prices as detailed in the table below.  As a result, Lord Farmer now owns 6,634,730 Ordinary Shares in the Company which represents 12.07% of the Issued Share Capital.

Date of Purchase	Number of Shares	Price per Ordinary Share
28 March 2018	50,000	14.80p
29 March 2018	50,000	15.00p
1 May 2018	620,000	16.13p

** ENDS **

 

For further information, please visit http://www.coragold.com or contact:

Jon Forster	Cora Gold	[phone]
John Depasquale/Nick Harriss/ Liz Kirchner	Allenby Capital (Nominated Adviser)	[phone]
Peter Krens/Nick Orgill	Mirabaud Securities (Broker)	[phone]
Lottie Wadham/Susie Geliher	St Brides Partners (Financial PR)	[phone]

Notes to the Editors

Cora Gold is a new 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 profitable mines.

 

END

 

 

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