SGZ.L

Scotgold Resources Ltd.
Scotgold Resources - Potential Administration Appointment
7th November 2023, 08:00
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Scotgold Resources Ltd
07 November 2023
 


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7 November 2023

 

 

Scotgold Resources Limited ("Scotgold", the "Company" or the "Group")

Potential Administration Appointment

 

 

On 16 October, the Company announced that it was in advanced financing discussions with a strategic investor. Unfortunately, these discussions have not resulted in an investment at this time.

 

Therefore, the directors, having assessed the options open to them, are now considering the appointment of Administrators over the coming days.

 

Further announcements will be made in due course.

 

**ENDS**

 

Scotgold Resources Limited

Sean Duffy, interim CEO and CFO

 

 

 

Via Celicourt Communications

Shore Capital (Nomad and Broker)

Toby Gibbs / Tom Knibbs

 

Tel +44 (0) 20 7408 4090

Celicourt Communications (Financial PR)

Felicity Winkles / Ariana Fanning

 

Tel +44 (0) 774 8843 871

 

 

 

 

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