Cora Gold Limited Director Dealings (4529T)

TIDMCORA

RNS Number : 4529T

Cora Gold Limited

12 October 2017

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

12 October 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 today that following a purchase yesterday of an additional 200,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 15.50 pence per share, Tanamera Resources Pte Ltd, a company controlled by Geoff McNamara, Chairman of Cora Gold, is now interested in 824,242 Ordinary Shares, equal to approximately 1.50 per cent. of the Company's issued share capital.

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

 
                                                   +44 (0) 20 
 Jon Forster               Cora Gold                3239 0010 
 John Depasquale/Nick      Allenby Capital         +44 (0) 20 
  Harriss/ Liz Kirchner     (Nominated Adviser)     3328 5656 
 Peter Krens/Nick          Mirabaud Securities     +44 (0) 20 
  Orgill                    (Joint Broker)          3167 7150 
                           Beaufort Securities     +44 (0) 20 
 Jon Belliss                (Joint Broker)          7382 8300 
 Lottie Wadham/Susie       St Brides Partners      +44 (0) 20 
  Geliher                   (Financial PR)          7236 1177 
 
 
   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                         Tanamera Resources Pte Ltd 
---  ---------------------------  --------------------------------- 
 2    Reason for the notification 
---  -------------------------------------------------------------- 
 a)   Position / status            A company wholly owned by 
                                    Geoff McNamara, Non-Executive 
                                    Chairman of Cora Gold Limited 
---  ---------------------------  --------------------------------- 
 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) 
                                    0.1550 GBP          200,000 
---  ---------------------------  ------------------  ------------- 
 d)   Aggregated information        200,000 
       - Aggregated                  0.1550 GBP 
        volume 
       - Price 
---  ---------------------------  --------------------------------- 
 e)   Date of the transaction      11 October 2017 
---  ---------------------------  --------------------------------- 
 f)   Place of the                 AIM (LSE) 
       transaction 
---  ---------------------------  --------------------------------- 
 

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.

** ENDS **

This information is provided by RNS

The company news service from the London Stock Exchange

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October 12, 2017 06:15 ET (10:15 GMT)