Director Dealings

RNS Number : 3385T

Cora Gold Limited

11 October 2017

 

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

11 October 2017

 Cora Gold Limited ("Cora Gold", "Cora" or "the Company")

Director Dealings

Cora Gold Limited, the West African focused gold exploration company, is pleased to announce that it was informed today that following a purchase yesterday of 200,000 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 16.00 pence per share, Tanamera Resources Pte Ltd, a company controlled by Geoff McNamara, Chairman of Cora Gold, is now interested in 624,242 Ordinary Shares, equal to approximately 1.14 per cent. of the Company's issued share capital.

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

Jon Forster	Cora Gold	[phone]
John Depasquale/Nick Harriss/ Liz Kirchner	Allenby Capital (Nominated Adviser)	[phone]
Peter Krens/Nick Orgill	Mirabaud Securities (Joint Broker)	[phone]
Jon Belliss	Beaufort Securities (Joint Broker)	[phone]
Lottie Wadham/Susie Geliher	St Brides Partners (Financial PR)	[phone]

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	Tanamera Resources Pte Ltd
2	Reason for the notification
a)	Position/status	A company wholly owned by Geoff McNamara, Non-Executive Chairman of Cora Gold Limited
b)	Initial notification /Amendment	Initial
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	Ordinary Shares of no par value VGG2423W1077
b)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)	Price(s) 0.1600 GBP	Volume(s) 200,000
d)	Aggregated information - Aggregated volume - Price	200,000 0.1600 GBP
e)	Date of the transaction	10 October 2017
f)	Place of the transaction	AIM (LSE)

Notes to the Editors

Cora Gold is a new 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 (South 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 profitable mines.

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