REG - Landore Resources Ld - Director’s Dealing

Landore ResourcesAnnouncement

04/04/2025 13:15

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RNS Number : 7590D  Landore Resources Limited  04 April 2025

4 April 2025

 

Landore Resources Limited

Director's Dealing

London, United Kingdom - 4 April 2025 - Landore Resources Limited (AIM: LND)
("Landore Resources" or the "Company") announces that it has today been
notified that the Company's Finance Director, Glenn Featherby, yesterday
purchased 300,000 ordinary shares of nil par value each in the capital of the
Company ("Ordinary Shares"), at a price of 3.39 pence per share.

Accordingly, Mr Featherby is now interested in 7,776,053 Ordinary Shares,
representing approximately 2.32% of the Company's existing issued share
capital.

 

- ENDS -

 For further information, please contact:

 Landore Resources Limited                                   contact@landore.com

 Alexander Shaw (CEO)

 or engage with the company directly:                        https://investors.landore.com/s/051b30
                                                             (https://investors.landore.com/s/051b30)
 Strand Hanson Limited (Nominated Adviser and Joint Broker)

 James Dance/Matthew Chandler/Robert Collins                 Tel: 020 7409 3494
 Hannam & Partners (Joint Broker)

 Andrew Chubb / Matt Hasson                                  Tel: 020 7907 8500
 Burson Buchanan (Financial PR)

 Bobby Morse/ Oonagh Reidy                                   landore@buchanancomms.co.uk

                                                             Tel: 020 7466 5000

 

Subscribe to our news alert service: https://investors.landore.com/auth/signup

 

About Landore Resources

Landore Resources (AIM: LND) is the 100% owner of the highly prospective BAM
Gold Project, Northwestern Ontario, Canada, which has an NI 43-101 compliant
resource estimate of 1.5m oz Au (Indicated: 1.03m oz from 30.96Mt @ 1.0g/t;
Inferred: 467,000oz from 18.3M/t @ 0.8g/t). Ontario is Canada's largest gold
producing province, and produced 3.9m oz, accounting for 41% of Canada's total
gold production in 2023. Landore Resource's strategic objective is to
crystallise value from BAM Gold's last estimated NPV of US$333.6m @
US$1,800/oz spot (from May 2022 PEA), as well as generating additional value
from its non-core portfolio of precious and battery metals projects in eastern
Canada and the USA.

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019.

 

PDMR Notification Form:

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Glenn Featherby
 2   Reason for the notification
 a)  Position/status                                              Finance Director
 b)  Initial notification/ Amendment                              Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Landore Resources Limited
 b)  LEI                                                          21380019CJ5T1PNY3Q69
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of nil par value each in the share capital of Landore

                                                            Resources Limited ISIN: GG00BMX4VR69
     Identification code

 b)  Nature of the transaction                                    Purchase of ordinary shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  3.39p     300,000
 d)  Aggregated information

300,000
     -   Aggregated volume

                                                            3.39p
     -   Price
 e)  Date of the transaction                                      3 April 2025

 f)  Place of the transaction                                     London Stock Exchange, AIM Market (XLON)

Ordinary shares of nil par value each in the share capital of Landore
Resources Limited ISIN: GG00BMX4VR69

 

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volume(s)

 Price(s)  Volume(s)
 3.39p     300,000

d)

Aggregated information

-   Aggregated volume

-   Price

 

 300,000

 3.39p

e)

Date of the transaction

3 April 2025

 

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

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