PTA-Adhoc: PEARL GOLD AG: Change of Majority Shareholder of Investment Company Wassoul'Or S.A.

Friday, 07. June 2019 16:05

Public disclosure of inside information according to article 17 MAR

Berlin (pta026/07.06.2019/16:05) - The chairman of the administrative board of the mining company Wassoul'Or S.A. in Bamako/Mali has announced that the current majority shareholder, Sodinaf S.A., Bamako/Mali, shall sell and transfer its 54.28-percent share in Wassoul'Or S.A. to Mali National Gold S.A., Bamako/Mali. The new shareholder shall be presented at an extraordinary general meeting on June 15, 2019. At this meeting, the members of the administrative board nominated by Sodinaf S.A. shall resign.

PEARL GOLD AG holds a share of 25 percent in Wassoul'Or S.A. This share and claims for the delivery of gold by the same Wassoul'Or S.A. are the sole substantial assets of PEARL GOLD AG. Wassoul'Or S.A. holds a concession for the gold mine in Kodiéran/Mali and operates the mine. So far, the output of gold remains below production targets, pending the installation of further necessary gold processing equipment (cf. http://www.wassoulor.com/communiques/Communique-WassoulOr7mars2019.pdf).

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emitter: PEARL GOLD AG
address: c/o Malmendier Partners, Kurfürstendamm 213, 10719 Berlin
country: Germany
contact person: Julia Boutonnet
phone: +49 30 59 00 30 40
e-mail: info@pearlgoldag.com
website: www.pearlgoldag.com

ISIN(s): DE000A0AFGF3 (share)
stock exchanges: regulated market in Frankfurt

[ source: http://www.pressetext.com/news/20190607026 ]

Related Links: Pearl Gold AG i.L.
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