TIDMCORA

RNS Number : 6479R

Cora Gold Limited

30 October 2019

Cora Gold Limited / EPIC: CORA.L / Market: AIM / Sector: Mining

30 October 2019

Cora Gold Limited

Director Dealing

Cora Gold Limited ('Cora Gold', 'Cora' or 'the Company'), the West African focused gold exploration company, announces that on 29 October 2019 Paul Quirk (a non-executive director of Cora Gold) purchased 142,858 ordinary shares of no par value in the Company ('Ordinary Shares') at a price of 7 pence per Ordinary Share. Following this purchase Paul Quirk, including an entity connected to him (as set out below), is now beneficially interested in 11,854,689 Ordinary Shares, equal to approximately 9.14 per cent. of the Company's issued share capital.

Key Ventures Holding Ltd, the sole shareholder of which is First Island Trust Company Limited as Trustee of The Sunnega Trust of which Paul Quirk (a non-executive director of Cora Gold) is a beneficiary, has an interest in 11,711,831 Ordinary Shares, equal to approximately 9.03 per cent. of the Company's issued share capital.

The Ordinary Shares that have been purchased and sold by persons discharging management responsibility ('PDMR') under the Market Abuse Regulation are detailed below.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1    Details of person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                  Paul Quirk 
     ------------------------------------  ---------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status                     Non-Executive Director 
     ------------------------------------  ---------------------------------- 
 b)   Initial notification                  Initial 
       / Amendment 
     ------------------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                                  Cora Gold Limited 
     ------------------------------------  ---------------------------------- 
 b)   LEI                                   213800TW2N9JJYCUDD71 
     ------------------------------------  ---------------------------------- 
 4    Details of the transaction(s): section to be repeated for 
       (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------------ 
 a)   Description of the                    Ordinary Shares of no par value 
       financial instrument, 
       type of instrument 
 
       Identification code                   VGG2423W1077 
     ------------------------------------  ---------------------------------- 
 b)   Nature of the transaction             Purchase of Ordinary Shares 
     ------------------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)                Price(s)          Volume(s) 
                                             0.07 GBP          142,858 
     ------------------------------------  ----------------  ---------------- 
 d)   Aggregated information 
       - Aggregated volume                   142,858 
       - Price                                0.07 GBP 
     ------------------------------------  ---------------------------------- 
 e)   Date of the transaction               29 October 2019 
     ------------------------------------  ---------------------------------- 
 f)   Place of the transaction              LSE: AIM 
     ------------------------------------  ---------------------------------- 
 

Market Abuse Regulation ("MAR") Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

**ENDS**

For further information, please visit http://www.coragold.com or contact:

 
                                                            +44 (0) 20 3239 
 Jon Forster / Bert Monro        Cora Gold Limited           0010 
 Ewan Leggat / Charlie           SP Angel                   +44 (0) 20 3470 
  Bouverat                        (Nomad & Joint Broker)     0470 
                                 Turner Pope Investments    +44 (0) 20 3657 
 Andy Thacker / Zoe Alexander     (Joint Broker)             0050 
 Isabel de Salis / Megan         St Brides Partners         +44 (0) 20 7236 
  Dennison                        (Financial PR)             1177 
 

Notes

Cora Gold is a gold exploration company focused on two world class gold regions in Mali and Senegal in West Africa. Historical exploration has resulted in the highly prospective Sanankoro Gold Discovery, in addition to multiple, high potential, drill ready gold targets within its broader portfolio. Cora Gold's primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (Southern Mali), which Cora Gold believes has the potential for a standalone mine development. Cora Gold's highly experienced and successful management team has a proven track record in making multi-million-ounce gold discoveries, which have been developed into operating mines.

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

DSHFDFFFSFUSEES

(END) Dow Jones Newswires

October 30, 2019 07:25 ET (11:25 GMT)

Cora Gold (LSE:CORA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Cora Gold Charts.
Cora Gold (LSE:CORA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Cora Gold Charts.