Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining
03 June 2016
Kodal Minerals Plc ('Kodal Minerals' or 'the Company')
Holdings in the Company
Kodal Minerals, the mineral exploration and development company, announces that further to the completion of its acquisition of 100 per cent. of the issued share capital of International Goldfields (Bermuda) Limited ("IGS") from Taruga Gold Limited ("Taruga") as previously announced, Taruga has completed the distribution to its shareholders of the 1,025,000,000 ordinary shares of 0.03125 pence each in Kodal Minerals issued to Taruga as consideration for the acquisition of IGS. As a result of this distribution, Taruga no longer has a notifiable interest in the issued share capital of the Company and Bernard Aylward, CEO of Kodal Minerals and a shareholder in Taruga, now has an interest in 94,834,948 ordinary shares of the Company, which represents 2.51 per cent. of the issued share capital of the Company.
**ENDS**
For further information, please visit www.kodalminerals.com or contact the following:
Kodal Minerals plc Bernard Aylward, CEO |
Tel: +61 418 943 345 |
Allenby Capital Limited, Nominated Adviser Jeremy Porter/Nick Harriss |
Tel: 020 3328 5656 |
SP Angel Corporate Finance LLP, Financial Adviser & Broker John Mackay/Laura Harrison |
Tel: 020 3470 0470 |
St Brides Partners Ltd, Financial PR Lottie Brocklehurst/Megan Dennison |
Tel: 020 7236 1177 |
