Brief: Liongold Corp Intends To Focus On Gold Mining Operations Carried On By Its Unit

Shen Yao Holdings

23/01/2018 09:47

Jan 23 (Reuters) - Liongold Corp Ltd  LION.SI : 
    * INTENDS TO FOCUS ON GOLD MINING OPERATIONS CARRIED ON BY 
ITS 
WHOLLY-OWNED SUBSIDIARY, CASTLEMAINE GOLDFIELDS PTY LTD. 
    * NOTES INCREASING POSITIVE SENTIMENT FOR GOLD PRODUCERS IN 
AUSTRALIA, WHICH MIGHT OPEN UP OPPORTUNITIES FOR CO TO ENTER JVS 
    * FACTORS INDICATE EXISTENCE OF MATERIAL UNCERTAINTIES WHICH 
MAY 
CAST SIGNIFICANT DOUBT ABOUT ABILITY OF GROUP TO CONTINUE AS 
GOING CONCERNS. 
    * DIRECTORS OF COMPANY HOWEVER BELIEVE THAT GROUP AND 
COMPANY WILL 
BE ABLE TO RAISE NECESSARY FUNDS FROM MINING OPERATIONS 
 
Source text for Eikon:  ID:nSNZ2pF94g  
Further company coverage:  LION.SI  
 
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