Kolar Gold Limited Stmnt re Share Price Movement (4954A)
07 Giugno 2016 - 6:07PM
UK Regulatory
TIDMKGLD
RNS Number : 4954A
Kolar Gold Limited
07 June 2016
Kolar Gold Limited
("Kolar Gold" or the "Company")
Statement re. share price movement
The Company notes the increase in the Kolar Gold's share price
during today's trading together with the higher than average number
of shares being traded.
As stated in the Company's announcement on 30 March 2016, the
board of Kolar Gold plans to pursue opportunities that are allied
and complementary to the strategy outlined in that announcement
which it can develop in parallel with its gold exploration and
development interests. The Company also announced that it is
seeking opportunities to raise further capital in order to develop
these opportunities in conjunction with its interests in Geomysore
Mining Services (India) Private Limited. Since that time, the
Company has held discussions with a number of parties and these
discussions are continuing. Further announcements will be made at
the appropriate time.
Aside from the above, the Directors confirm that they know of no
reason for the price movement and increased share trading
volume.
For further information, please visit www.kolargold.com.au or
contact:
Kolar Gold Limited
Harvinder Hungin
N+1 Singer (Nomad and Joint Broker)
James Maxwell / Jen
Boorer +44 20 7496 3000
Tavistock
Ed Portman / Nuala
Gallagher +44 20 7920 3150
-ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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June 07, 2016 12:07 ET (16:07 GMT)
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