7th Aug 2018 13:12
This announcement contains inside information as defined in Article 7 of the EU Market Abuse Regulation No 596/2014 and has been announced in accordance with the Company's obligations under Article 17 of that Regulation.
7 August 2018
Polo Resources Limited
("Polo" or the "Company")
WEATHERLY INTERNATIONAL PLC - INVESTMENT UPDATE
Polo Resources Limited (AIM: POL), the multi-sector investment company with interests in oil, gold, coal, copper, phosphate, lithium, iron and vanadium, notes that its investee company, Weatherly International Plc ("Weatherly") (AIM: WTI) has announced that Strand Hanson Limited, the company's Nominated Adviser and Broker, has resigned with immediate effect.
In light of the Administrators' Statement of Proposals, Weatherly does not intend to seek the services of another Nominated Adviser and, as a result, it is expected that the company will be delisted from AIM one month from today's date.
The full details of these announcements can be found at http://weatherlyplc.com/.
For further information, please contact:
Polo Resources Limited - Kudzayi Denenga, Investor Relations | +27 (0) 787 312 919 |
Allenby Capital Limited (Nominated adviser & broker) - John Depasquale | +44 (0)20 3328 5657
|
Blytheweigh (Public relations) - Julia Tilley, Simon Woods | +44 (0) 207 138 3204 |
About the Company
Polo Resources Limited is a multi-sector investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For complete details on Polo, please refer to: www.poloresources.com.
Related Shares:
POL.L