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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lionsgold | LSE:LION | London | Ordinary Share | GG00B3M9KL68 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.65 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMLION
RNS Number : 7175V
Lionsgold Limited
07 November 2017
7 November 2017
Lionsgold Limited
("Lionsgold", "LION" or the "Company")
E-Money Licence Received
Lionsgold, the gold-focused exploration company with assets in India and Finland, and a financial technology ("fintech") subsidiary that provides online accounts for holding physical gold, is pleased to announce that its majority owned fintech subsidiary, TRAC Technology Ltd ("TRAC"), has received approval as an EMD Agent from the Financial Conduct Authority ("FCA") to act as a payment or e-money institution under an electronic money ("E-Money") licence (FCA reference number 902012).
Cameron Parry, Lionsgold CEO, commented: "We are delighted to report that Lionsgold's fintech subsidiary, trading as "The Real Asset Co", has received FCA approval to provide certain regulated products and services under an E-Money licence.
"As announced to the market on 18 October 2017, Lionsgold has been developing TRAC's physical gold account product offering into "Goldbloc" - a global digital currency that represents direct ownership of physical gold (www.goldbloc.com). This approval is an important step to complete in the lead up to the initial product release."
For further information, please visit www.lionsgold.com or contact:
Lionsgold Limited Tel: +44 (0)20 3778 0578 Cameron Parry (Chief Executive Officer) Luke Cairns (Executive Director) WH Ireland Limited (Nominated Adviser) Tel: +44 (0)113 394 6600 Tim Feather / Ed Allsopp Smaller Company Capital Limited (Joint Broker) Tel: +44 (0)20 3651 2911 Rupert Williams / Jeremy Woodgate Beaufort Securities Limited (Joint Broker) Tel: +44 (0)20 7382 8300 Elliot Hance Tavistock (Financial PR) Tel: +44 (0) 207 920 3150 Emily Fenton
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCUNAWRBKAARAA
(END) Dow Jones Newswires
November 07, 2017 02:00 ET (07:00 GMT)
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