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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 |
TIDMLION
RNS Number : 4126Y
Lionsgold Limited
21 August 2018
Lionsgold Limited
("Lionsgold", "LION" or the "Company")
Readmission Update
Lionsgold (LSE: LION), the gold company focused on the exploration, production and retail application of physical gold, including the development of the gold currency Goldbloc(R), is pleased to provide the following update.
Further to the announcement of 11 May 2018, Lionsgold has been expanding its business proposition and key personnel, including targeting suitable additions to augment the Board in September/October. Concurrently Lionsgold continues to work with its advisers on the process required for readmission to trading on AIM of its ordinary shares. The Directors now expect that the readmission process will be completed in the fourth quarter of this calendar year instead of late Q3, 2018. Further updates will be provided in due course.
Enquiries:
Lionsgold Limited Tel: +44 (0)20 8065 0215 Cameron Parry (Chief Executive Officer) WH Ireland Limited (Nominated Adviser) Tel: +44 (0)113 394 6600 Tim Feather/Chris Viggor Smaller Company Capital Limited (Broker) Tel: +44 (0)20 3651 2911 Rupert Williams / Jeremy Woodgate
About LIONSGOLD Limited (LSE: LION)
Lionsgold is a London Stock Exchange AIM market quoted, gold-focused company involved in the exploration, production and retail application of physical gold, with gold assets in India and Finland and a wholly owned financial technology company developing the digital gold currency, Goldbloc(R).
Lionsgold's three core focuses are:
-- Strategic partnership with leading India gold exploration and mine development company, Geomysore, in which Lionsgold holds 21.65%;
-- Developing the digital gold currency Goldbloc(R) under its wholly owned financial technology subsidiary and 12.5% holding in banking platform developer Railsbank Technology Ltd, to enable customers to utilise direct ownership of physical gold as a currency via the international banking system (www.goldbloc.com); and
-- Gold exploration and production in Finland via 30% ownership of Finnish joint venture.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
August 21, 2018 04:30 ET (08:30 GMT)
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