RNS Number : 3715R
Cora Gold Limited
28 February 2023
 

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

 

28 February 2023

 

Cora Gold Limited

('Cora' or 'the Company')

Results of General Meeting

 

Cora Gold Limited, the West African focused gold company, announces that at its General Meeting held earlier today, Tuesday 28 February 2023, all resolutions were duly passed by the Company's shareholders.

 

The votes cast at the General Meeting, including those in respect of shareholders who appointed the Chair of the Meeting as their proxy, were as follows:

 

 

Votes for

Votes against

Votes withheld

 

Number

%

Number

%

Number

Ordinary Resolution 1:

Allot ordinary shares

 

42,189,890

 

99.94%

 

24,967

 

0.06%

 

18,529

Special Resolution 1:

Issue ordinary shares

 

42,189,890

 

99.94%

 

24,967

 

0.06%

 

18,529

Special Resolution 2: Issue equity securities

 

42,189,890

 

99.94%

 

24,967

 

0.06%

 

18,529

 

As a result of the passing of the resolutions detailed above, the purchases 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 the person discharging managerial responsibilities/person closely associated

 a)

 Name:

1.    Robert Monro

2.    Edward Bowie

 2. 

 Reason for the notification

 a)

 Position/status:

1.    Chief Executive Officer and Director

2.    Non-Executive Director

 

 b)

 Initial notification/Amendment:

 Initial notification

 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 financial instrument, type of instrument:

 Identification code:

 Depositary Interests of no par value

 

 ISIN: VGG2423W1077

 b)

 Nature of the transaction:

Purchase

 c)

 Price(s) and volume(s):

 

Director/PDMR

 Price(s)

 Volume(s)

Robert Monro

US$0.0487

206,000

Edward Bowie

US$0.0487

100,000

 

 d)

 Aggregated information:

 Aggregated volume:

 Price:

 Single transactions as in 4 c) above

 

 e)

 Date of the transaction:

 28 February 2023

 f)

 Place of the transaction:

London Stock Exchange

 

Market Abuse Regulation ('MAR') Disclosure

 

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014 ('MAR'), which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, until the release of this announcement.

 

* * ENDS * *

 

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

 

Bert Monro

Craig Banfield

Cora Gold Limited

info@coragold.com

Christopher Raggett

Charlie Beeson

finnCap Ltd

(Nomad & Joint Broker)

+44 (0)20 7220 0500

Andy Thacker

James Pope

Turner Pope Investments

(Joint Broker)

+44 (0)20 3657 0050

Susie Geliher

Charlotte Page

Isabelle Morris

St Brides Partners

(Financial PR)

pr@coragold.com

 

Notes

 

Cora is a West African gold developer with three principal de-risked project areas within two known gold belts in Mali and Senegal covering c.900 sq km. Led by a team with a proven track record in making multi-million ounce gold discoveries that have been developed into operating mines, its primary focus is on developing the Sanankoro Gold Project in the Yanfolila Gold Belt, southern Mali, into an open pit oxide mine. Based on a gold price of US$1,750/oz and a Maiden Probable Reserve of 422 koz at 1.3 g/t Au, the project has strong economic fundamentals, including 52% IRR, US$234 million Free Cash Flow over life of mine and all-in sustaining costs of US$997/oz.

 

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
ROMFLFIVFVITFIV