Global Resources Investment Tst PLC Sale of Investment and Financial Update (4745W)
April 23 2021 - 7:09AM
UK Regulatory
TIDMGRIT
RNS Number : 4745W
Global Resources Investment Tst PLC
23 April 2021
For immediate release 23 April 2021
GLOBAL RESOURCES INVESTMENT TRUST PLC ("GRIT" or the
"Company")
Sale of Investment and Financial Update
The Company is pleased to report that it has sold its entire
investment in Siberian Goldfields Limited ("SGL") in an off-market
transaction for a cash consideration of gross proceeds of GBP
488,352.
The proceeds from the sale will be paid into the recently
approved CVA for the benefit of the creditors of the Company.
GRIT is currently working on finalising its overdue Annual
audited results for the year ended 31 December 2019 and unaudited
interim statement for the half year ended 30 June 2020, together
with an additional fundraising.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2012 as it forms part of
UK Domestic Law by virtue of the European Union (Withdrawal) Act
2018 ("UK MAR").
For further information, please contact:
Global Resources Investment Tel: +44 (0) 203 198 2554
Trust PLC
Martin Lampshire
---------------------------
Beaumont Cornish Ltd Tel: +44 (0) 207 628 3396
---------------------------
Roland Cornish
Felicity Geidt
---------------------------
Peterhouse Capital Limited Tel: +44 (0) 207 469 0930
---------------------------
Lucy Williams
Duncan Vasey
Heena Karani
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