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PGL Peninsular

6.25
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
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

Peninsular Gold Limited Company Update and AIM Cancellation (0207S)

02/07/2015 12:30pm

UK Regulatory


Peninsular Gold (LSE:PGL)
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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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