Brief: Afrika Gold: Update On Co And Lancaster Mine

Afrika Gold AG

24/04/2019 06:31

April 24(Reuters) - AFRIKA GOLD AG  GOG1.H :
    * SAID ON TUESDAY INCREASED SECURITY COSTS FOR LANCASTER
MINE IN
SOUTH AFRICA WERE FINANCED BY INDIVIDUAL SHAREHOLDERS
    * SAYS CAPITAL REQUIREMENT IS NOT YET FULLY COVERED
    * SAYS AGREEMENT WITH CREDITORS ON EXTENSIVE CONVERSION OF
CLAIMS
INTO SHARES HAS NOT YET BEEN FINALISED
    * SAYS IT CONTINUES TALKS WITH AUTHORITIES AND BUSINESS
PARTNERS
OF MINE

    
 Source text for Eikon:  ID:nEQ5TVCxva 
    
 Further company coverage:  GOG1.H  
   


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