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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Brinkley Mining | LSE:BRM | London | Ordinary Share | GB00B15SQZ22 | ORD 0.15P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.60 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMBRM RNS Number : 5362E Brinkley Mining PLC 22 December 2009 For Immediate Release 22 December 2009 Brinkley Mining PLC "Brinkley Mining" or the "Company") Suspension of trading on AIM and corporate update As previously announced, as an investing company under the AIM Rules, Brinkley Mining must have either substantially implemented its investment strategy or concluded a reverse takeover on or before 21 December 2009 or otherwise its shares would be suspended from trading on AIM. Accordingly, the Company's shares have been suspended with effect from today. The Board continues to explore opportunities for the Company and a further announcement will be made in due course. The Company will have a further six months to conclude a transaction before its shared are cancelled from trading on AIM. As previously announced on 4 December 2009, Brinkley has an investment of 8.13 percent in Dragon Mining Limited, an Australian Stock Exchange-listed gold producer (ASX Code: DRA) with a market value of approximately A$66 million and which operates the Svartliden Gold Mine in Sweden and the Orivesi and Jokisivu Gold Mines in Finland, which collectively produced 74,206 ounces of gold in 2008. In addition, as at 18 December 2009, Brinkley's cash balances amounted to GBP3.1 million. Richard Linnell has also today resigned as a director with immediate effect following which the Board composition will be as follows: +------------------------+---------------------------+ | Peter Gunzburg | Executive Chairman | +------------------------+---------------------------+ | Clayton Dodd | Non-Executive Director | +------------------------+---------------------------+ | Neil Maclachlan | Non-Executive Director | +------------------------+---------------------------+ | | | +------------------------+---------------------------+ Peter Gunzburg and Neil Maclachlan are both directors of Eurogold Limited which owns 29.04 percent of Brinkley Mining. Clayton Dodd is an alternate director of Atomaer Holdings Pty Limited which owns 10.94 percent of Brinkley Mining. For further information please contact: Brinkley Mining Plc Peter GunzburgTel: +618 94810572 Beaumont Cornish Limited Michael CornishTel: +44 (0) 20 7628 3396 ENDS This information is provided by RNS The company news service from the London Stock Exchange END MSCKLLBLKLBLFBZ
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