Business
Update on Broker
Update on Broker.
About this update from Keras Resources Plc
[{"type":"text","content":"\n \nRNS Number : 0672I Keras Resources PLC 06 August 2019 \n\nKeras Resources plc / Index: AIM / Epic: KRS / Sector: Mining\n06 August 2019\nKeras Resources plc ('Keras' or the 'Company')\nUpdate on Broker\n \nKeras Resources notes from the news story published on the Financial Conduct Authority (\"FCA\") website on 5 August 2019 that the directors of SVS Securities Plc (\"SVS\") have placed SVS into Special Administration. The FCA's announcement disclosed that the FCA has imposed requirements requiring SVS to cease all regulated activities and restricting it from disposing of its own or its clients' assets. SVS were a joint broker to Keras however as a result of these developments SVS will no longer be able to provide broking services to Keras.\n \nSP Angel Corporate Finance LLP will continue to act as sole broker to Keras.\n \n \nFor the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of Russell Lamming, Chief Executive Officer. This 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\nRussell Lamming\n\n\nKeras Resources plc\n\n\[email protected]\n \n\n\n\n\nNominated Adviser / Broker\nEwan Leggat / Charlie Bouverat\n \n\n\nSP Angel Corporate Finance LLP\n\n\n+44 (0) 20 3470 0470\n \n\n\n\n\nFinancial PR\nIsabel de Salis / Cosima Akerman\n\n\nSt Brides Partners Ltd\n\n\n+44 (0) 20 7236 1177\n\n\n\n \nNotes\nKeras Resources plc is focused on building a strategic portfolio of resource assets. The Company provides investors with exposure to a portfolio of development assets, including manganese, cobalt and nickel in Togo, West Africa. It also has a significant interest in Calidus Resources Limited ('Calidus'), a highly prospective gold exploration and development company in Australia, which is currently undertaking a Pre-Feasibility Study at its Warrawoona gold project. Keras benefits from a highly skilled management team, which has extensive operational experience in Africa and Australia and proven success in advancing assets up the value curve.\n\nThis information is provided by RNS...