REG - Golden Rock Global - Update on Potential Acquisition

Golden Rock GlobalAnnouncement

19/07/2023 07:00

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RNS Number : 4341G  Golden Rock Global PLC  19 July 2023

19 July 2023

Golden Rock Global PLC

("Golden Rock" or the "Company")

Update on Potential Acquisition

 

Golden Rock Global Plc (LSR:GCG), a special purpose acquisition company,
provides an update on potential acquisition discussions. Further to the
announcement made 28 June 2022, the Board of Golden Rock has been working with
a small number of potential acquisition targets and is pleased to announce
that it has now short listed two of these with an expectation of moving
forward with one in the near future. Any acquisition, if completed, would
constitute a Reverse Takeover.

The Board still feels that the Company's current share price continues to
undervalue the Company and would be looking to conclude any acquisition at a
valuation that would represent fairer value to shareholders.

The Board will make further announcements in line with its regulatory
requirements.

 

 Enquiries
 Ross Andrews, Chairman  +44 (0) 1534 733 401
 Golden Rock Global PLC

 

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