Crusader Resources Resignation of Nominated Adviser (2700G)
November 05 2018 - 2:00AM
UK Regulatory
TIDMCAS
RNS Number : 2700G
Crusader Resources
05 November 2018
5 November 2018
Crusader Resources Limited
("Company" or "Crusader")
Resignation of Nominated Adviser
Crusader Resources Limited (ASX: CAS, AIM: CAS) ("Crusader" or
the "Company"), announces that Smith & Williamson Corporate
Finance, the Company's nominated adviser, has resigned with
immediate effect. In the event that the Company fails to appoint a
new nominated adviser within one month of this announcement the
admission of its securities on AIM will be cancelled. The Company
will be actively looking for a new nominated adviser.
At the request of the Company, trading of its securities on AIM
was suspended on 1 October 2018 pending clarification of its
financial position and to enable it to consider various proposed
capital raising initiatives to provide working capital and to
enable the Company to continue with the development of its two gold
projects in Brazil. The Company's ordinary shares now remain
suspended from trading on AIM pursuant to Rule 1 of the AIM Rules
for Companies.
Further developments with respect to clarification of the
Company's financial position, capital raising and appointment of a
new nominated adviser will be notified in due course, as
appropriate.
For further information, please contact:
Mr. Andrew Beigel Investor Relations
CFO/Company Secretary Office (Aus): +61 8 9320 7500
Office (Aus): +61 8 9320 7500 Email: admin@crusaderresources.com
Email: andrew@crusaderresources.com
Camarco
Financial PR
Gordon Poole / Nick Hennis
/ Monique Perks
+44(0)20 3757 4997 / +44(0)20
3781 8330
About Crusader
Crusader Resources Limited (ASX:CAS, AIM:CAS) is a minerals
exploration and development company listed on the Australian
Securities Exchange and the AIM Market of the London Stock
Exchange. Its major focus is Brazil; a country Crusader believes is
vastly underexplored and which offers high potential for the
discovery of world class mineral deposits.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
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