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ZIOC Zanaga Iron Ore Company Limited

7.12
-0.44 (-5.82%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zanaga Iron Ore Company Limited LSE:ZIOC London Ordinary Share VGG9888M1023 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.44 -5.82% 7.12 6.80 7.44 7.50 7.44 7.50 121,570 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 0 8.1M 0.0128 5.81 47.09M

Zanaga Iron Ore Company Ltd Extension of Shard Facility Tranche 1 (5108A)

30/09/2020 7:00am

UK Regulatory


Zanaga Iron Ore (LSE:ZIOC)
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TIDMZIOC

RNS Number : 5108A

Zanaga Iron Ore Company Ltd

30 September 2020

30 September 2020

Extension of Shard Facility Tranche 1

Zanaga Iron Ore Company ("ZIOC" or the "Company") (AIM:ZIOC) announces that, further to the announcement dated 26 June 2020 in relation to the Subscription Agreement with Shard Capital, the permitted sale period for the first tranche of the Company's shares issued pursuant to the Subscription Agreement has been extended by three months, as provided for in the Subscription Agreement. As announced in the Company's half-year results on 29 September 2020, of the 7 million shares issued to Shard Capital under the first tranche of the Subscription Agreement approximately 5 million of the shares have been successfully placed by Shard Capital as at 28 September 2020.

______________________________________________

The Zanaga Iron Ore Company Limited LEI number is 21380085XNXEX6NL6L23.

Zanaga Iron Ore

   Corporate Development and                         Andrew Trahar 
   Investor Relations Manager                           +44 20 7399 1105 

Liberum Capital Limited

   Nominated Adviser, Financial                        Scott Mathieson, Edward Thomas 
   Adviser and Corporate Broker                       +44 20 3100 2000 

About us:

Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") (AIM ticker: ZIOC) is the owner of 50% less one share in the Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville) through its investment in its associate Jumelles Limited. The Zanaga Iron Ore Project is one of the largest iron ore deposits in Africa and has the potential to become a world-class iron ore producer.

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END

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(END) Dow Jones Newswires

September 30, 2020 02:00 ET (06:00 GMT)

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