REG - Paternoster Res. - Investment Update

Riverfort Global OpportunitiesAnnouncement

10/10/2018 07:05

RNS Number : 4855D
Paternoster Resources PLC
10 October 2018
 


10 October 2018
 Paternoster Resources plc
 
("Paternoster" or the "Company")
 
 Investment update
 
Since the announcement of the Company's interim results on 19 September 2018, the Company has continued to be active in deploying capital in RiverFort-arranged investments and, as at 28 September 2018, over £1.8 million has now been invested.  As a result, the majority of our investment portfolio now comprises income generating RiverFort-arranged investments.  Furthermore, as many of these investments include warrants issued in the underlying investee companies, our scope to benefit from the future equity performance of these companies is continuing to increase, in addition to the income received from these companies.
 
 
Nicholas Lee, Chairman commented:
 
"We are very pleased with the number of investment opportunities that have been made available to us and we are confident of being able to deploy the capital that we have raised earlier in the year."
 
 
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For more information please contact:



Paternoster Resources plc:


+44 20 7580 7576




Nicholas Lee, Chairman







 



Nominated Advisor:


+44 20 7628 3396




Beaumont Cornish








Roland Cornish/Rosalind Hill Abrahams
 
Joint Broker:
Shard Capital Partners LLP                        
Damon Heath
Erik Woolgar
 
Joint Broker:
Peterhouse Corporate Finance               
Lucy Williams
 
 


 
 
+44 20 7186 9950
 
 
 
 
+44 20 7562 3351
 
 
 
 



 

 




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