Date Posted: 2010-03-08 14:24 New Issue: Gemstones of Africa Group Plc (to be renamed Edenville Energy plc) ( " the Company") The Company, to be renamed Edenville Energy plc, will acquire Edenville International Limited which, through its 99.5 per cent. owned subsidiary, Edenville Tanzania, is the owner of six prospecting licences in Tanzania with a particular focus on uranium and coal. The Acquisition is classified as a reverse take-over pursuant to Rule 14 of the AIM Rules for Companies and is therefore conditional, inter alia, on the approval of Shareholders at a general meeting.
Listing exchange: AIM
Expected first day of trading: 2010-03-29
Expected money raised: 1m Any information, prospectus or other document, or any hypertext link to any of the aforesaid should not be construed as advice on investments or a personal recommendation by ALL IPO plc and is being offered on an execution-only basis. Any decision to invest should be made only after careful consideration of the relevant documentation and particularly after acceptance of the full terms and conditions relating to the specific investment opportunity. Share prices, values and income can go down as well as up and you may get back less than the amount you invested. If in doubt about the suitability of investments referred to in this communication and on our website, you should consult an investment adviser authorised under the Financial Services and Markets Act 2000. |