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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Galileo Resources Plc | LSE:GLR | London | Ordinary Share | GB00B115T142 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.025 | -2.17% | 1.125 | 1.10 | 1.15 | 1.15 | 1.125 | 1.15 | 1,394,665 | 08:35:48 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 289k | -1.47M | -0.0013 | -8.62 | 13.03M |
TIDMGLR
RNS Number : 5336A
Galileo Resources PLC
24 March 2017
24 March 2017
Galileo Resources PLC
("Galileo Resources, "Galileo" or "the Company")
Update regarding Orogen Gold JV on Silverton
Galileo (AIM:GLR), the exploration and development mining company with copper projects in South Africa, gold projects in Nevada, USA and a rare-earth project in South Africa, notes the announcement recently made by Orogen Gold plc ("Orogen"), its JV partner in the Silverton Gold Property ("Silverton" or the "Property") in Nevada, setting out the proposed disposal of all its mineral exploration interests.
The Galileo shareholders will have noted Orogen's proposed new business strategy. The Company has not received advice yet as to Orogen's intentions regarding the Silverton project but will keep its shareholders informed of developments in this regard.
A copy of this announcement is also available on the website.
You can also follow Galileo on Twitter: @GalileoResource
For further information, please contact:
Andrew Sarosi, Executive Tel +44 (0) 1752 221937 Director /020 7584 2155 Beaumont Cornish Limited Tel +44 (0) 20 7628 3396 - Nomad Roland Cornish/James Biddle Beaufort Securities Limited - Broker Tel +44 (0) 20 7382 8416 Jon Belliss
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUSVBRBRAOUAR
(END) Dow Jones Newswires
March 24, 2017 13:54 ET (17:54 GMT)
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