Business
Conditional Approval for Calidus Resources Listing
Conditional Approval for Calidus Resources Listing.
About this update from Keras Resources Plc
[{"type":"text","content":"\n \nRNS Number : 8937G Keras Resources PLC 01 June 2017 \n\nKeras Resources plc / Index: AIM / Epic: KRS / Sector: Mining\n1 June 2017\nKeras Resources plc ('Keras' or 'the Company')\nConditional Approval for Listing of Calidus Resources Limited received from ASX\n \nKeras Resources plc, the AIM listed mineral resource company is pleased to advise that the ASX has today given conditional approval for the shares of Pharmanet Group Limited (\"Pharmanet\"), to be reinstated to trading on the ASX. As previously announced, upon restoration, Pharmanet will be renamed Calidus Resources Limited (\"Calidus\").\n \nThe approval is conditional on various statutory and mechanical events and includes the ASX receiving signed restriction agreements from various related parties. The conditional approval also included notification that the ASX has elected to assign a 24-month escrow period on the Company's shareholding in Calidus as opposed to the 12-month escrow period that was announced previously. \n \nThe Company and Pharmanet are now working to achieve the final allotment of shares relating to the ASX capital raising which will enable the final conditions to be satisfied and allow trading of Calidus to commence on the ASX soon thereafter.\n \nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.\n \n**ENDS**\n \nFor further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:\n \n\n\n\n\nDave Reeves\n\n\nKeras Resources plc\n\n\[email protected]\n \n\n\n\n\nNominated Adviser\n\n\n\n\n\n\n\n\n\n\nGerry Beaney/David Hignell\n\n\nNorthland Capital Partners Limited\n\n\n+44 (0) 20 3861 6625\n\n\n\n\n \nBroker \n\n\n\n\nElliot Hance/Jonathon Belliss\nDamon Heath/Erik Woolgar\n\n\nBeaufort Securities Limited\nShard Capital Partners LLP\n\n\n+44 (0) 20 7382 8415\n+44 (0) 20 7186 9952\n\n\n\n\nTom Curran/Ben Tadd\n\n\nSVS Securities Plc\n\n\n+44 (0) 203 700 0093\n \n\n\n\n\nFinancial PR\n\n\n\n\n\n\n\n\n\n\nSusie Geliher/Charlotte Page\n\n\nSt Brides Partners Limited\n\n\n+44 (0) 20 7236 1177\n\n\n\n\n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEAAKFELNXEFF\n ","length":5435,"tagName":"div"}]