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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Peninsular | LSE:PGL | London | Ordinary Share | GB00B09TKL88 | 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% | 6.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPGL
RNS Number : 0207S
Peninsular Gold Limited
02 July 2015
PENINSULAR GOLD LIMITED
("Peninsular", "Group" or the "Company")
Company Update and
Cancellation from trading on AIM
Peninsular Gold Limited provides the following update.
As previously announced, the Company is currently pursuing several alternative funding opportunities in order to raise fund for its operations. The Company advises that a fund raising was not completed during June as previously intended, although discussions with potential funders are progressing.
The Company had previously anticipated the resumption of operations at Raub during July 2015 but this has now been delayed to October 2015 pending the successful outcome of negotiations with certain potential funders.
Cancellation from trading on AIM
The Company's shares were suspended from trading on 2 December 2014 after operations at Raub ceased. Under AIM Rule 41, the admission of the Company's shares to trading on AIM will be cancelled at 7 a.m. on 3 July 2015.
The Company has been listed for more than ten years on AIM, whereby it has managed to raise funds to develop its assets. The Company's current intention is to seek a future listing on an exchange in the Far East where all its assets are currently held.
To facilitate share trading after the cancellation the Company intends to implement an off-market trading facility with a third party and the details of this will be advised.
The Company intends to keep shareholders updated on developments via its website (http://www.peninsulargold.com).
Dato' Sri Andrew TY Patrick Watson Kam Finance Director Chairman and Chief Executive Peninsular Gold Ltd. Peninsular Gold Limited Tel: +44 (0)7799 885653 Tel: +60 (0)3 2698 8381 ------------------------------ ------------------------- Samantha Harrison Martin Lampshire Nominated Advisor Broker RFC Ambrian Limited Daniel Stewart & Co. Tel: +44 (0)20 3440 Ltd. 6800 Tel: +44 (0)20 7776 6550 ------------------------------ -------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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