Kolar Gold Limited Adviser Change of Name (7754Q)
November 09 2012 - 7:05AM
UK Regulatory
TIDMKGLD
RNS Number : 7754Q
Kolar Gold Limited
09 November 2012
9 November 2012
Kolar Gold Ltd
Adviser Change of Name
Kolar Gold Limited ("Kolar Gold" or the "Company"), the Indian
focused gold exploration and mine development company, announces
that is has novated its Nominated Adviser and Broker agreement with
Singer Capital Markets Limited to Nplus1 Singer Advisory LLP ("N+1
Singer") with immediate effect. This follows the completion of the
merger between Singer Capital Markets Limited and N+1 Brewin
LLP.
For further information please contact:
Kolar Gold Limited
Nick Spencer / Chris Clowes +617 3846 0211
N+1 Singer (Nomad and Joint Broker)
James Maxwell / Jenny Wyllie +44 20 3205 7500
Tavistock Communications (Financial PR / IR)
Ed Portman / Jessica Fontaine +44 20 7920 3150
About Kolar Gold Limited:
Kolar Gold is an Indian gold exploration and development
company, listed on the AIM market (Ticker: KGLD) that has an
experienced international board and strong local partners.
KGL has rights to explore and develop one prospecting licence
and 13 further licence applications in the Kolar Gold Belt, an 80
kilometre long Archaean Greenstone Belt, in Southern India. The
Kolar Gold Belt is one of the most prospective underdeveloped
Archaean Greenstone Belts in the world and is regarded by Mr Andrew
J Vigar of Mining Associates Limited, the Competent Person, as
comparable to the Archaean Greenstone Belts of South Africa, Canada
and Western Australia which have similar geology, structure and
style of mineralisation. This project area includes 32 known
mineralised prospects and covers 568 square kilometres in the
southern states of Andhra Pradesh, Karnataka and Tamil Nadu. KGL
commenced exploration on the first Prospecting Licence in South
Kolar in February 2011.
KGL is also jointly pursuing, with the mine employee unions, the
acquisition and revival of the neighbouring historic Kolar Gold
Fields which has produced 25 million ounces of gold at 15.9 grams
per tonne over 120 years until closure in 2001.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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