Business
Update on Subscription
Update on Subscription.

About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \nRNS Number : 5807O Sula Iron & Gold PLC 21 August 2017 \n\nSULA IRON & GOLD PLC\n(\"Sula\" or the \"Company\")\nUpdate on Subscription\nSula (AIM: SULA), the gold exploration company focused on Sierra Leone, is pleased to announce, as referenced in the Equity Subscription announcement released at 07.00 this morning (the \"Announcement\"), that it has received confirmation from the Investors' solicitors of their receipt of the subscription funds from the Investors and that all solicitors undertakings are now in place to allow completion of subscription and entering into of the Sharing Agreement at Admission - expected tomorrow.\n \nDefined terms used in this announcement bear the same meaning as those used in the Announcement.\nFor further information, please contact:\n \n\n\n\n\nSula Iron & Gold plc\n\n\n \n\n\n\n\nRoger Murphy (CEO)\n\n\n+44 (0) 20 7583 8304\n\n\n\n\nWH Ireland Limited (Nominated Adviser and Broker)\nPaul Shackleton / James Bavister\n\n\n \n+44 (0) 20 7220 1666\n\n\n\n\nVSA Capital Limited (Broker)\n\n\n \n\n\n\n\nAndrew Raca\nBlytheweigh (Public Relations)\nCamilla Horsfall/ Nick Elwes\n\n\n+44 (0) 20 3005 5000\n \n+44 (0) 20 7138 3224\n\n\n\n\nOngeza Mining (Financial and Technical Adviser)\n\n\n \n\n\n\n\nIain Macpherson / Ilja Graulich\n\n\n+27 (0) 11 469 0629\n\n\n\n\nPrior to publication, certain information contained within this announcement was deemed to constitute inside information for the purposes of Article 7 of EU Regulation 596/2014 (\"MAR\"). In addition, market soundings (as defined in MAR) were taken in respect of the Subscription with the result that certain persons became aware of inside information (as defined in MAR), as permitted by MAR. Due to the publication of this announcement, those persons that received inside information in a market sounding are no longer in possession of such inside information relating to the Company and its securities.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCOKDDPQBKDDFB\n ","length":3790,"tagName":"div"}]