Business
Sale of investments
Sale of investments.
About this update from Duke Capital Limited
[{"type":"text","content":"\n \nRNS Number : 4177T Duke Royalty Limited 29 March 2016 \n\n29 March 2016\nDuke Royalty Limited\n(\"Duke Royalty\" or the \"Company\")\n \nSale of investments \n \n29 March 2016 - Duke Royalty Limited (\"Duke Royalty\" or the \"Company\"), a public diversified royalty company (AIM: DUKE), today announces that it has sold its investment interests in ASX listed Ausgold Limited, ASX listed A-Cap Resources, TSX-V listed Maya Gold and Silver and TSX-V listed Revelo Resources via a number of on-market and OTC transactions for an aggregate cash consideration of approximately £830,000.\nThe funds raised from the disposals will be used to provide additional working capital as the Company progresses towards its inaugural royalty transaction as per the Company's announcement on 7 March 2016.\n \nFor further information:\n \n\n\n\n\nDuke Royalty Limited\n\n\nNeil Johnson \nCharlie Cannon-Brookes \n+44 (0) 1481 741 240\n\n\n\n\n\n\n\n\n\n\n\n\nPeel Hunt LLP (Nominated Adviser)\n\n\nEdward Knight\n\n\n\n\n\n\n\n+44 (0)20 7418 8900\n\n\n\n\n \nAbout Duke Royalty\nHeadquartered in Guernsey, Duke Royalty Limited is a team of experienced financial executives dedicated to providing royalty financing solutions to a diversified number of well-managed businesses in Europe and abroad. Duke Royalty intends to reinvent the royalty financing model for European public markets by lowering costs through an efficient structure and entering into exclusive alliances that leverage deal flow and expertise. A $50 billion sector in North American, Duke Royalty plans to bring royalty investing to the European market by leveraging the management team's North American experience and success with royalty investing. These investments are intended to provide robust, stable, and long-term returns for Duke Royalty's shareholders. \nDuke Royalty is listed on the AIM market under the ticker DUKE. For more information, visit dukeroyalty.com. \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISEAADNADFKEFF\n ","length":4221,"tagName":"div"}]