21st Aug 2018 11:30
LONDON (Alliance News) - Lionsgold Ltd said Tuesday that it expects to be readmitted to trading on AIM market in the fourth quarter of 2018, after having been suspended since May.
Previously, the company had said that it expected its shares to be readmitted in the third quarter.
"Lionsgold has been expanding its business proposition and key personnel, including targeting suitable additions to augment the board in September - October," the company said.
The company's shares were first suspended from trading in May on the grounds that with the acquisition of TRAC Technology Ltd in April, the company has undertaken a "fundamental change of business".