Cora Gold Limited Director Dealings (4305Y)

TIDMCORA

RNS Number : 4305Y

Cora Gold Limited

05 December 2017

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon publication of this announcement via a regulatory information service ("RIS"), the inside information contained in this document is now considered to be in the public domain.

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

5 December 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 on 5 December 2017 that Key Ventures Holding Ltd, the sole shareholder of which is First Island Trust Company Ltd as Trustee of The Sunnega Trust of which Paul Quirk (a director of Cora Gold) is a beneficiary, purchased 120,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 12.95 pence per share on 4 December 2017. Following this purchase Key Ventures Holding Ltd is now interested in 7,327,939 Ordinary Shares, equal to approximately 13.33 per cent. of the Company's issued share capital.

 
  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                         Key Ventures Holding Ltd 
----  ---------------------------  ------------------------------ 
  2     Reason for the notification 
----  ----------------------------------------------------------- 
  a)    Position / status            Sole shareholder is First 
                                      Island Trust Company Ltd 
                                      as Trustee of The Sunnega 
                                      Trust of which Paul Quirk 
                                      (a director of Cora Gold 
                                      Limited) is a beneficiary 
----  ---------------------------  ------------------------------ 
  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) 
                                      0.1295 GBP        120,000 
----  ---------------------------  ----------------  ------------ 
  d)    Aggregated information 
         - Aggregated                 120,000 
          volume 
         - Price                       0.1295 GBP 
----  ---------------------------  ------------------------------ 
  e)    Date of the transaction      4 December 2017 
----  ---------------------------  ------------------------------ 
  f)    Place of the                 AIM (LSE) 
         transaction 
----  ---------------------------  ------------------------------ 
 

** ENDS **

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

 
                                                          [phone] 
  Jon Forster               Cora Gold                      0010 
  John Depasquale/Nick      Allenby Capital (Nominated    [phone] 
   Harriss/ Liz Kirchner     Adviser)                      5656 
  Peter Krens/Nick          Mirabaud Securities           [phone] 
   Orgill                    (Joint Broker)                7150 
                            Beaufort Securities           [phone] 
  Jon Belliss                (Joint Broker)                8300 
  Lottie Wadham/Susie       St Brides Partners            [phone] 
   Geliher                   (Financial PR)                1177 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 05, 2017 06:00 ET (11:00 GMT)