viewScotgold Resources Limited

Scotgold Resources plans to list on AIM


Gold exploration company Scotgold Resources (ASX: SGZ), advises that it has decided to seek admission for its ordinary shares to trade on the London Stock Exchange’s AIM Market.

The rules governing AIM permit companies listed on the ASX to be admitted to AIM whilst maintaining their ASX listing.

Scotgold Chief Executive, Chris Sangster said the company recently had a significant increase in the level of interest from British and other European investors, following the success of its resource delineation drilling at the Cononish Gold and Silver project and an increased exploration campaign in the greater Grampian Gold project which surrounds Cononish.

"The secondary listing on AIM will give Scotgold greater access to this potential investor interest," Mr Sangster said.

“The proposed dual listing and the appointment of Westhouse provides a real opportunity to expand Scotgold’s gold mining business."

Scotgold has been drilling at Cononish to infill the existing inferred JORC Mineral Resource as part of the Company’s program to advance the project to production and to test high grade gold targets (up to 119.9g/t gold) in the recently identified eastern extension of the Cononish mineralisation.

Scotgold is also exploring for gold, silver and base metals over the greater Grampian gold project which surrounds Cononish and comprises a total area of 2,200 km² which is considered to be highly prospective for gold mineralization.

Quick facts: Scotgold Resources Limited

Price: 68.5 GBX

Market: AIM
Market Cap: £33.67 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Scotgold Resources Limited named herein, including the promotion by the Company of Scotgold Resources Limited in any Content on the Site, the...



ScotGold Resources acquires final tranche of funding for Cononish mine

ScotGold Resources' Richard Gray says the final tranche of funding for its Cononish gold mine is "the key that's going to open up the whole future for us". Gray adds that despite being a small gold mine, the high profitability has led to plenty of support from a senior shareholder. In...

on 23/5/18


Issue of Equity

1 week, 3 days ago

Result of AGM

2 weeks, 2 days ago

Issue of Equity

3 weeks, 2 days ago

Notice of AGM

on 7/11/19

2 min read