We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Keras Resources Plc | LSE:KRS | London | Ordinary Share | GB00BMY2T534 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.70 | 2.60 | 2.80 | 2.95 | 2.70 | 2.95 | 7,693 | 08:00:04 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Iron Ores | 994k | -1.08M | -0.0134 | -2.01 | 2.16M |
TIDMKRS
RNS Number : 6226V
Keras Resources PLC
06 November 2017
Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining
6 November 2017
Keras Resources plc ('Keras')
Calidus announces commencement of Novo JV,
exercise of Haoma Option and receipt of funds
Keras Resources plc, the AIM listed mineral resource company, is pleased to provide an update following an announcement published by Calidus Resources Limited ('Calidus'), in which Keras currently holds a 217.25m shares, which will increase to 723.75m shares as and when Calidus meets certain exploration milestones. Calidus has announced that it has completed its due diligence on the Novo Tenements that are included in the previously announced binding Term Sheet (ASX: 20 September 2017) and has notified Novo Resources Corp. (TSX.V:NVO) that all conditions precedent have been satisfied or waived and it will proceed with the transaction. In addition, based on the exceptional drill results that have been recorded largely on the ground related to the Haoma option, Calidus has exercised its option to acquire these tenements ensuring 100% ownership by Calidus of this rapidly expanding gold development project.
In addition, the Company has announced the full receipt of funds from the second tranche of the previously announced A$10m placement which results in Calidus being well funded as it continues to develop its assets and add intrinsic value at the Warrawoona Project in the Pilbara of Western Australia.
To view a full version of the Calidus announcement, which includes figures and maps, please click here:
http://www.investi.com.au/api/announcements/cai/cb4c3af7-8d4.pdf
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:
Dave Reeves Keras Resources plc dave@kerasplc.com Nominated Adviser Gerry Beaney/David Hignell/Jamie Spotswood Northland Capital Partners Limited +44 (0) 20 3861 6625 Broker Damon Heath/Erik Woolgar Shard Capital Partners LLP +44 (0) 20 7186 9952 Tom Curran/Ben Tadd SVS Securities Plc +44 (0) 203 700 0093
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCMMMGMVVZGNZG
(END) Dow Jones Newswires
November 06, 2017 02:00 ET (07:00 GMT)
1 Year Keras Resources Chart |
1 Month Keras Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions