Notice of General Meeting

RNS Number : 4765D

Sula Iron & Gold PLC

26 October 2015

 

26 October 2015

Sula Iron & Gold plc

("Sula" or the "Company")

Notice of General Meeting

Sula (AIM: SULA), a multi-commodity exploration company focused on Sierra Leone, announces that, further to the Company's announcement of 14 October 2015 regarding the Placing to raise approximately £0.5 million (before expenses), it has today published a circular and formal notice of General Meeting seeking Shareholder approval for granting the Directors of the Company authority to allot Ordinary Shares and disapply statutory pre-emption rights. This will provide the Company with sufficient share capital authorities to satisfy its obligations under the Placee Warrants, and the Company's other existing outstanding warrants and options, as well as further general headroom to allot Ordinary Shares.

The General Meeting will be held at 10.00 a.m. on 11 November 2015 at 201 Temple Chambers, 3-7 Temple Avenue, London EC4Y 0DT.  The circular and formal notice of General Meeting will be sent to Shareholders today and, once posted, will also be made available to view on the Company's website at www.sulaironandgold.com.

Defined terms used in this announcement shall, unless the context otherwise requires, have the same meanings as set out in the circular.

**ENDS**

For further information please visit www.sulaironandgold.com or contact the following:

Sula Iron & Gold plc Nick Warrell / Matt Wood / Howard Baker [phone] Strand Hanson Limited (Financial and Nominated Adviser) James Harris / Matthew Chandler / James Dance [phone] VSA Capital Limited (Joint Broker) Andrew Raca / Richard Buckle [phone] Daniel Stewart & Company Plc (Joint Broker) Martin Lampshire / David Coffman [phone] Yellow Jersey PR (Financial PR) Dominic Barretto / Harriet Jackson [phone] [phone]

Notes:

Sula is a multi-commodity exploration company focused on West Africa. The Company's main objective is to explore and advance its 153 sq. km. Ferensola Project in Northern Sierra Leone, which is highly prospective for iron, gold and coltan. In December 2014, the Company achieved a corporate milestone in delivering its JORC MRE for the BIF 1 iron ore project pursuant to which a total resource of 514.5Mt @ 31.8% Fe was identified including a total oxide resource of 55.5Mt @ 45.26% Fe.

 

END

 

 

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