Cora Gold Limited Director Dealings (4305Y)
December 05 2017 - 6:00AM
UK Regulatory
TIDMCORA
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 Initial
/ Amendment
---- --------------------------- ------------------------------
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 Ordinary Shares of no par
the financial value
instrument, type
of instrument
VGG2423W1077
Identification
code
---- --------------------------- ------------------------------
b) Nature of the Acquisition
transaction
---- --------------------------- ------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
0.1295 GBP 120,000
---- --------------------------- ---------------- ------------
d) Aggregated information
- Aggregated 120,000
volume
- Price 0.1295 GBP
---- --------------------------- ------------------------------
e) Date of the transaction 4 December 2017
---- --------------------------- ------------------------------
f) Place of the AIM (LSE)
transaction
---- --------------------------- ------------------------------
** ENDS **
For further information, please visit http://www.coragold.com or
contact:
+44 (0) 20 3239
Jon Forster Cora Gold 0010
John Depasquale/Nick Allenby Capital (Nominated +44 (0) 20 3328
Harriss/ Liz Kirchner Adviser) 5656
Peter Krens/Nick Mirabaud Securities +44 (0) 20 3167
Orgill (Joint Broker) 7150
Beaufort Securities +44 (0) 20 7382
Jon Belliss (Joint Broker) 8300
Lottie Wadham/Susie St Brides Partners +44 (0) 20 7236
Geliher (Financial PR) 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
END
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