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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Landore Resources Limited | LSE:LND | London | Ordinary Share | GG00BMX4VR69 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.05 | -1.85% | 2.65 | 2.50 | 2.80 | 2.70 | 2.65 | 2.70 | 474,035 | 09:13:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -1.86M | -0.0153 | -1.73 | 3.23M |
TIDMLND
RNS Number : 0084P
Landore Resources Limited
12 February 2021
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No 596/2014
12 February 2021
Landore Resources Limited
("Landore" or the "Company")
Statement re. press speculation
Landore Resources Limited (AIM:LND) notes the recent press speculation relating to a potential capital raise.
The Company released a drilling update on 11 February 2021 which outlined the progress with the 2020-2021 drilling programme (the "Drilling Programme"). The Drilling Programme remains on plan and is fully funded through to completion in April 2021.
Landore confirms that the Company has been in discussions with certain of its shareholders and prospective new investors in connection with a possible capital raise in order to extend the Drilling Programme beyond what was originally planned and to provide additional working capital for the Company.
The Company confirms that it has received a good level of interest from new and existing investors with the amount, pricing and timing of any capital raise yet to be confirmed. Accordingly, there is no certainty that a capital raise will be completed at this time and a further update will be provided in due course.
-ENDS-
For more information, please contact:
Landore Resources Limited Bill Humphries, Chief Executive Tel: 07734 681262 Officer Glenn Featherby, Finance Director Tel: 07730 420318 Cenkos Securities (Nominated Advisor and Broker) Derrick Lee / Peter Lynch Tel: 0131 220 9100
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END
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(END) Dow Jones Newswires
February 12, 2021 11:49 ET (16:49 GMT)
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