AIM Rule 26

THE INFORMATION UNDER THE SECTIONS BELOW IS DISCLOSED IN ACCORDANCE WITH RULE 26 OF THE AIM RULES FOR COMPANIES. THIS WEBSITE IS OWNED BY CORA GOLD LIMITED AND, UNLESS OTHERWISE STATED, WAS LAST UPDATED 20 MAY 2019.

Company Information

Description of the business

Corporate Governance

Board and Management

Country of incorporation and countries of operation

Cora Gold Limited was incorporated and registered in the British Virgin Islands with registered number 1701265, and therefore the rights of shareholders may be different from the rights of shareholders in a UK incorporated company. Its main countries of operation are Mali and Senegal.

Details of NOMAD and key advisers

Annual Report, Financial Statements and Circulars

Constitution and Admission Documents

Stock Exchange

Cora Gold Limited is listed on the AIM market of the London Stock Exchange (CORA). The Company has not applied or agreed to have its shares admitted or traded on any other exchange or trading platform.

Public Announcements

Share Restrictions

There are no restrictions on the transfer of the securities of Cora Gold Limited.

UK City Code on Takeovers and Mergers

Cora Gold Limited is not subject to the UK City Code on Takeovers and Mergers (“the Takeover Code”), nor is it subject to any similar legislation or code in its country of incorporation (British Virgin Islands).

Securities Information (last updated 20 May 2019)

The ordinary shares of the Company have been admitted to trading on the AIM Market of the London Stock Exchange plc. The Company’s shares are not admitted to trading or listing on any other market or securities exchange.

As at 20 May 2019 the following securities were in issue:
– 101,105,139 Ordinary Shares of no par value each; plus
– warrants to subscribe for 320,575 new Ordinary Shares at 16.5 pence each expiring 9 October 2020; plus
– share options over 2,225,000 Ordinary Shares of no par value in the capital of the Company exercisable at 16.5 pence per Ordinary Share, expiring on 18 Dececember 2022.

Please click here to find a copy of Cora Gold’s Share Option Scheme

Significant Shareholders (last updated 24 June 2019)

Significant Shareholders

Hummingbird Resources plc
18.41% *
Lord Farmer
13.16%
Key Ventures Holding Ltd
11.23% **
Brookstone Business Inc
9.99% ***
Capital Drilling Limited
8.59%
Total Directors and Management (including Key Ventures Holding Ltd)
15.65%
* including subsidiary company
** the sole shareholder of which is First Island Trust Company Limited as Trustee of The Sunnega Trust of which Paul Quirk (a non-executive director of Cora Gold) is a beneficiary
*** the sole shareholder of which is First Island Trust Company Limited as Trustee for discretionary trust with a broad class of potential beneficiaries