4 April 2025
Landore Resources Limited
Director's Dealing
London, United Kingdom - 4 April 2025 - Landore Resources Limited (AIM: LND) ("Landore Resources" or the "Company") announces that it has today been notified that the Company's Finance Director, Glenn Featherby, yesterday purchased 300,000 ordinary shares of nil par value each in the capital of the Company ("Ordinary Shares"), at a price of 3.39 pence per share.
Accordingly, Mr Featherby is now interested in 7,776,053 Ordinary Shares, representing approximately 2.32% of the Company's existing issued share capital.
- ENDS -
| For further information, please contact:
Landore Resources Limited Alexander Shaw (CEO) or engage with the company directly: |
contact@landore.com
|
| Strand Hanson Limited (Nominated Adviser and Joint Broker) James Dance/Matthew Chandler/Robert Collins |
Tel: 020 7409 3494 |
| Hannam & Partners (Joint Broker) Andrew Chubb / Matt Hasson |
Tel: 020 7907 8500 |
| Burson Buchanan (Financial PR) Bobby Morse/ Oonagh Reidy |
landore@buchanancomms.co.uk Tel: 020 7466 5000 |
Subscribe to our news alert service: https://investors.landore.com/auth/signup
About Landore Resources
Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM Gold Project, Northwestern Ontario, Canada, which has an NI 43-101 compliant resource estimate of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t; Inferred: 467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold producing province, and produced 3.9m oz, accounting for 41% of Canada's total gold production in 2023. Landore Resource's strategic objective is to crystallise value from BAM Gold's last estimated NPV of US$333.6m @ US$1,800/oz spot (from May 2022 PEA), as well as generating additional value from its non-core portfolio of precious and battery metals projects in eastern Canada and the USA.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended by virtue of the Market Abuse (Amendment) (EU Exit) Regulations 2019.
PDMR Notification Form:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Glenn Featherby | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Finance Director | ||||
| b) | Initial notification/ Amendment | Initial notification | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Landore Resources Limited | ||||
| b) | LEI | 21380019CJ5T1PNY3Q69 | ||||
| 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 |
Ordinary shares of nil par value each in the share capital of Landore Resources Limited ISIN: GG00BMX4VR69
| ||||
| b) | Nature of the transaction | Purchase of ordinary shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
| ||||
| e) | Date of the transaction | 3 April 2025
| ||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (XLON) | ||||
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