REG - Scotgold Resources - Appointment of Nominated Adviser and Broker

Scotgold ResourcesAnnouncement

04/07/2022 07:00

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RNS Number : 1165R  Scotgold Resources Ltd  04 July 2022

4 July 2022

 

Scotgold Resources Limited ("Scotgold" or the "Company")

Appointment of Nominated Adviser and Broker

 

Scotgold Resources Limited (AIM: SGZ) is pleased to announce the appointment
of Shore Capital and Corporate Limited as the Company's Nominated Adviser and
Shore Capital Stockbrokers Limited as Sole Broker with immediate effect.

 

**ENDS**

 

 

 Scotgold Resources Limited    Shore Capital            Celicourt Communications Ltd

 Chief Executive Officer       Nomad and Broker            Financial PR

 Phil Day                      Toby Gibbs / John More   Felicity Winkles/ Josh Funnell

 Via Celicourt Communications  Tel +44 (0)20 7408 4090  Tel +44 (0) 208 434 2643

                                                        Tel +44 (0) 774 8843 871

 

Notes

Scotgold Resources Ltd (AIM: SGZ), is Scotland's first commercial gold
producer. The Company poured first gold in November 2020 at its Cononish Gold
and Silver Mine ('Cononish) in Tyndrum, Scotland and is developing it into a
+23,500-ounce gold mine per annum. Cononish is a high-grade underground mining
operation with a central processing plant producing gold concentrate for
off-take and gold doré for the Scottish Jewellery industry.  Once in full
production, the mine has anticipated forecast operating costs of c.£544/oz
AISC, which will place Cononish in the lowest quartile of gold mining
operations globally.

 

It is Scotgold's vision to build a mid-tier gold mining company in Scotland
with multiple operations in the country that enhance the local environment
and economy in ways that have an enduring positive impact.

 

 

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