Cora Gold Limited Director Dealing (7665R)
October 31 2019 - 4:29AM
UK Regulatory
TIDMCORA
RNS Number : 7665R
Cora Gold Limited
31 October 2019
Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector:
Mining
31 October 2019
Cora Gold Limited ("Cora", "Cora Gold" or "the Company")
Director Dealing
Cora Gold Limited ('Cora Gold', 'Cora' or 'the Company'), the
West African focused gold exploration company, announces that on 30
October 2019 Tanamera Resources Pte Ltd ('Tanamera'), a company
wholly owned by Geoffrey McNamara (a non-executive director and
chairman of Cora Gold), sold 25,000 ordinary shares of no par value
in the Company ('Ordinary Shares') at a price of 7 pence per
Ordinary Share. Following this sale Tanamera is now interested in
1,479,242 Ordinary Shares, equal to approximately 1.14 per cent. of
the Company's issued share capital.
The Ordinary Shares that have been sold by persons discharging
management responsibility ("PDMR") under the Market Abuse
Regulation are detailed below.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of person discharging managerial responsibilities
/ person closely associated
a) Name Geoffrey McNamara *
---------------------------------------- --------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position / status Non-Executive Director and Chairman
---------------------------------------- --------------------------------------
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 the Ordinary Shares of no par value
financial instrument,
type of instrument
Identification code VGG2423W1077
---------------------------------------- --------------------------------------
b) Nature of the transaction Sale of Ordinary Shares
---------------------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.07 GBP 25,000
---------------------------------------- ------------------ ------------------
d) Aggregated information
- Aggregated volume 25,000
- Price 0.07 GBP
---------------------------------------- --------------------------------------
e) Date of the transaction 30 October 2019
---------------------------------------- --------------------------------------
f) Place of the transaction LSE: AIM
---------------------------------------- --------------------------------------
* The Ordinary Shares were sold by Tanamera Resources Pte Ltd, a
company wholly owned by Geoffrey McNamara (a Non-Executive Director
and Chairman of Cora Gold Limited)
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 / Bert Monro Cora Gold Limited 0010
Ewan Leggat / Charlie SP Angel +44 (0) 20 3470
Bouverat (Nomad & Joint Broker) 0470
Turner Pope Investments +44 (0) 20 3657
Andy Thacker / Zoe Alexander (Joint Broker) 0050
Isabel de Salis / Megan St Brides Partners +44 (0) 20 7236
Dennison (Financial PR) 1177
Notes
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
(Southern 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
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