Keras Resources PLC Calidus Resources - Agreement with Pacton Gold (8239E)
October 23 2018 - 2:00AM
UK Regulatory
TIDMKRS
RNS Number : 8239E
Keras Resources PLC
23 October 2018
Keras Resources plc / Index: AIM / Epic: KRS / Sector:
Mining
23 October 2018
Keras Resources plc ('Keras' or the 'Company')
Calidus Resources - Definitive Agreement Concluded with Pacton
Gold on Disposal of Non-Core Conglomerate Gold Rights
Keras Resources plc, the AIM listed mineral resource company,
notes the update released by Calidus Resources Limited (ASX:CAI)
('Calidus') regarding the implementation of a definitive agreement
with Pacton Gold Inc (TSXV:PAC) ('Pacton'). The definitive
agreement concerns the disposal of non-core conglomerate gold
rights over certain tenements at Warrawoona in consideration for
7,000,000 shares in Pacton. The agreement will be completed within
50 days of today's announcement.
To view a full version of the Calidus announcement, which
includes figures and maps, please click here:
https://www.calidus.com.au/investors/asx-announcements/. For more
information on Calidus and Warrawoona, please visit
www.calidus.com.au.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of Russell Lamming, Chief Executive Officer. This
announcement contains inside information for the purposes of
Article 7 of Regulation (EU) 596/2014.
**ENDS**
For further information please visit www.kerasplc.com, follow us
on Twitter @kerasplc or contact the following:
Russell Lamming Keras Resources plc info@kerasplc.com
Nominated Adviser / Joint
Broker
Ewan Leggat / Charlie SP Angel Corporate Finance +44 (0) 20 3470
Bouverat LLP 0470
Financial PR
Susie Geliher / Cosima +44 (0) 20 7236
Akerman St Brides Partners Ltd 1177
Notes
Keras Resources plc is focused on building a strategic portfolio
of resource assets. The Company provides investors with exposure to
a strategic portfolio of development assets, including manganese,
cobalt and nickel in Togo, West Africa, and also has a significant
interest in a highly prospective gold exploration and development
portfolio in Australia.
Keras benefits from a highly skilled management team, which has
extensive operational experience in Africa and Australia with
proven success in advancing assets up the value curve.
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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