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RNS Number : 4305Y
Cora Gold Limited
05 December 2017
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon publication of this announcement via a regulatory information service ("RIS"), the inside information contained in this document is now considered to be in the public domain.

 

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

5 December 2017

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

Director Dealings

 

Cora Gold Limited, the West African focused gold exploration company, is pleased to announce that it was informed on 5 December 2017 that Key Ventures Holding Ltd, the sole shareholder of which is First Island Trust Company Ltd as Trustee of The Sunnega Trust of which Paul Quirk (a director of Cora Gold) is a beneficiary, purchased 120,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 12.95 pence per share on 4 December 2017.  Following this purchase Key Ventures Holding Ltd is now interested in 7,327,939 Ordinary Shares, equal to approximately 13.33 per cent. of the Company's issued share capital.

 

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

Key Ventures Holding Ltd

2

 

Reason for the notification

a)

 

Position / status

Sole shareholder is First Island Trust Company Ltd as Trustee of The Sunnega Trust of which Paul Quirk (a director of Cora Gold Limited) is a beneficiary

b)

 

Initial notification / Amendment

Initial

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 instrument, type of instrument

 

Identification code

Ordinary Shares of no par value

 

 

VGG2423W1077

b)

 

Nature of the transaction

Acquisition

c)

 

Price(s) and volume(s)

 

Price(s)

0.1295 GBP

Volume(s)

120,000

d)

 

Aggregated information

- Aggregated volume

- Price

 

 

120,000

0.1295 GBP

e)

 

Date of the transaction

 

4 December 2017

f)

 

Place of the transaction

 

AIM (LSE)

 

 

** ENDS **

 

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

 

 Jon Forster

Cora Gold

+44 (0) 20 3239 0010

 John Depasquale/Nick Harriss/ Liz    Kirchner

Allenby Capital (Nominated Adviser)

+44 (0) 20 3328 5656

 Peter Krens/Nick Orgill

Mirabaud Securities (Joint Broker)

+44 (0) 20 3167 7150

 Jon Belliss

Beaufort Securities (Joint Broker)

+44 (0) 20 7382 8300

 Lottie Wadham/Susie Geliher

St Brides Partners (Financial PR)

+44 (0) 20 7236 1177

 

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.

 

 


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