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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hameldon Res | LSE:HRE | London | Ordinary Share | KYG7393S1012 | ORD 0.25P (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.875 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHRE RNS Number : 1553V Hameldon Resources Limited 28 October 2010 HAMELDON RESOURCES LIMITED Investment Update On 26 October 2010, the Board of Directors of Hameldon Resources Limited ("HRE" or the "Company") announced that the Company had raised GBP500,000 by way of a placing of new ordinary shares in the Company and the issue of convertible loan notes. These funds have now been used to fulfil the Company's investment strategy, approved at an EGM on 26 October 2009, to invest in the natural resources sector. In accordance with its investing policy the Company has acquired minority positions, ranging from stakes of 0.01 to 0.3%, in a total of ten gold and precious metal companies, eight of which are quoted on the London Stock Exchange and two of which on the TSX. The individual stakes taken range from GBP30,000 to GBP43,000 and the total consideration of approximately GBP400,000 has been fully satisfied in cash. The companies invested in range from exploration and development companies focused on gold and other metals projects to producing gold mines with operations located across regions in Africa, Asia-Pacific, Europe and the FSU. The Company continues to evaluate various new opportunities, which would meet its investment criteria, with a particular focus on gold and precious metals. For further details, please contact: Hameldon Resources Limited Waseem Shiraz +44 207 399 4380 Tom Winnifrith +44 1624 676848 Strand Hanson Limited James Harris / Angela Peace +44 207 409 3494 Bishopsgate Communications Nick Rome +44 207 562 3350 This information is provided by RNS The company news service from the London Stock Exchange END MSCKVLBLBBFXFBB
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