Sula Iron & Gold PLC Update on Subscription (5807O)
August 21 2017 - 10:51AM
UK Regulatory
TIDMSULA
RNS Number : 5807O
Sula Iron & Gold PLC
21 August 2017
SULA IRON & GOLD PLC
("Sula" or the "Company")
Update on Subscription
Sula (AIM: SULA), the gold exploration company focused on Sierra
Leone, is pleased to announce, as referenced in the Equity
Subscription announcement released at 07.00 this morning (the
"Announcement"), that it has received confirmation from the
Investors' solicitors of their receipt of the subscription funds
from the Investors and that all solicitors undertakings are now in
place to allow completion of subscription and entering into of the
Sharing Agreement at Admission - expected tomorrow.
Defined terms used in this announcement bear the same meaning as
those used in the Announcement.
For further information, please contact:
Sula Iron & Gold plc
Roger Murphy (CEO) +44 (0) 20 7583 8304
WH Ireland Limited (Nominated
Adviser and Broker)
Paul Shackleton / James
Bavister +44 (0) 20 7220 1666
VSA Capital Limited (Broker)
Andrew Raca
Blytheweigh (Public Relations) +44 (0) 20 3005 5000
Camilla Horsfall/ Nick Elwes +44 (0) 20 7138 3224
Ongeza Mining (Financial
and Technical Adviser)
Iain Macpherson / Ilja Graulich +27 (0) 11 469 0629
Prior to publication, certain information contained within this
announcement was deemed to constitute inside information for the
purposes of Article 7 of EU Regulation 596/2014 ("MAR"). In
addition, market soundings (as defined in MAR) were taken in
respect of the Subscription with the result that certain persons
became aware of inside information (as defined in MAR), as
permitted by MAR. Due to the publication of this announcement,
those persons that received inside information in a market sounding
are no longer in possession of such inside information relating to
the Company and its securities.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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