1st Jul 2015 09:51
LONDON (Alliance News) - Shares in Touchstone Gold Ltd were suspended from trading on Wednesday after it did not complete a reverse takeover or implement its investing policy within 12 months of becoming an investing company and as it failed to publish its results for 2014 in time.
But despite the suspension, the company said it intends to change its name to GOS Systems, a security and technology company Touchstone has invested in. That would constitute a reverse takeover and would be subject to the approval of shareholders in Touchstone.
Touchstone shares are suspended.
By Sam Unsted; [email protected]; @SamUAtAlliance
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TGL.L