Fri, 21 July 2017 SOLGOLD, London listed on Alternative...

Fri, 21 July 2017

SOLGOLD, London listed on Alternative Investment Market [AIM] -
2 Announcements or Regulatory News Service, 21 July 2017

Link: www.solgold.com.au

Highlights:
(1) "Cancellation of trading on AIM"-Ann
(2) "Cascabel Exploration Update." -Ann

The co will publish a prospectus on Admission on or around 18 Aug 2017 and Commencement of trading on the London Main Market on 21 Aug 2017. [Subject to the receipt of necessary approvals...]

Reasons cited: "The Admission will raise its global profile, increase its trading l i q u i d i t y & provide the co with a g r e a t e r range of potential i n v e s t o r s for its ordinary shares."

Cascabel Exploration Update:

"Solgold said a REVISED magnetic MODEL for the Cascabel porphyry copper gold exploration tenement in Northern Ecuador was completed based on ground magnetic data."

My Comment:
I have linked this post to the earlier 13 July 2017 Solgold Ann relating to listing on Canada^s TSX.

Solgold has come a long way from a junior explorer in early 2013 which started out on its journey at Cascabel with a share price of some 1.5/1.2 British pence. This year, the share price reached 46.81 British pence, a multiple few have reached. It has a way to go yet but as the co said, its potential prospect may be akin to Oyu Tolgoi via Ann.

So DGR Global in the coming days may be underpinned by an FTSE Main Market co. It has not been announced what position Solgold will be slotted in but one indicator will be its market capitalisation in excess of £500m as mentioned in today^s Ann.

The advantage of main market inclusion will be access to capital etc as per 13 July 2017 Ann [TSX] etc.

As we all know, Main Market inclusion spells a different approach as opposed to AIM in the way of reporting etc.

I know from experience that one follows main market co^s via the Financial Times etc rather than day to day hunting for snippets of news via outlets that cover small caps.

For DGR Global shareholders, Solg is one of its most successful subs at the moment. So any DGR Global holder could have bought Solgold shares on London AIM junior market at 1.5/1.2 British pence in early 2013 and mid-2015.

A nice story of one of the few junior explorers that went from London AIM to London Main Market.

Please check. Dyor.

Thank you to everyone at HotCopper DGR.

Sol1, HotCopper poster, Fri 21 July 2017