PG Alluvial Mining PLC Files Prospectus for GXG Market Listing
PG Alluvial Mining PLC (PG5), a gold mining and exploration development
enterprise, with operations located in Mali, Africa's third most prolific mining
territory, today announced that it is preparing a prospectus to submit to the
securities regulatory authorities in Denmark, so that it may move from First
Quote to the Official List on GXG Markets.
London, United Kingdom. 18(Th) April 2013.
PG5 is now currently in the process of completing its mid-term financial
statements and will be submitting a full prospectus allowing the company to be
part of the regulated segment of the GXG Market, known as the Official List.
 PG5 looks set to reach its goal of entering the regulated markets on the back
of recent successes at its key concession Bagoe River. Â Production has been
fully under-way for a little over 2 months and the company has just delivered an
impressive 5.2 KG gold in its first production cycle. This latest announcement
by PG5 is set to further impress stakeholders as well as ensure investor
protection and is therefore, seen as a tremendous boost to the young mining
company.
Founded in 2010 by Jacky Pluton, who last March unveiled ambitious objectives
for PG5, now plans to further increase its production volumes in a bid to expand
the company. PG5 looks certain to achieve this given that production levels are
expected to exceed the 4300 troy ounce barrier this year. News of their move to
the Official List and its  latest  impressive gold yield will no doubt catch the
eye of potential investors looking to take advantage of the PG5's latest
upswing. Once quoted on the regulated market, the company will therefore, be
eligible for further listing on other Euro Zone bourses such as Frankfurt and
Berlin.
Talking about PG5's move to the regulated market, company founder and CEO Jacky
Pluton said "We are now at a pivotal time in the company's young history having
successfully transitioned  our 'test' years. We are now fully entering an
unprecedented production cycle which will certainly satisfy stakeholders and
demonstrate full investor confidence. Â Our prospective move the regulated
portion of GXG Market heralds a period of significant growth for us and long
term cements confidence in PG5 and the future of alluvial gold mining in Mali.
 This is a concentrated effort in expansion and increasing of production to
satisfy investors and stakeholders." said Pluton.
Ends =
About PG Alluvial Mining PLC (PG5)
PG Alluvial Mining PLC (PG5) is a fully diversified resource organization
focusing on alluvial mining of gold, and is located in the third most abundant
gold producing areas of West Africa, Mali. Since it's inception in 2011 PG5 has
spent considerable time, resources and capital investigating, testing and
carefully putting into place the required infrastructure for a profitable gold
mining operation. Founded by Jacky Pluton, the company has offices located in
Mali, Dubai and London. PG5 Alluvial Mining PLC (PG5) is an established UK
incorporated gold mining company. Â PG5 has secured its future in mining with
more than 12 concessions for gold mining operations in key strategic locations
throughout Mali. It is fully operational concentrating first on small scale
river dredging during the initial years which has enabled the company to
explore, address and refine critical issues relating to its operational
logistics and production infrastructure. PG5 has built substantial government
relationships during that time. During the test years PG5 has successfully
extracted and exported over 28KG of gold at an average yield 2g/ton. The company
is shifting it's gears into production from development with a substantial
number of further investments in infrastructure and state of the art technology
and as a result anticipates significant increase in production. PG5 is fully
licensed to perform all aspects of alluvial and surface mining, exploration,
mine development, production,purchase, transportation and exportation of
precious metals. PG5 is focused to become a highly profitable mining operation
adding value to all stakeholders. PG5 follows responsible and sustainable mining
practices and environmentally friendly gravimetric extraction processes and is
dedicated to further advancing its corporate social responsibility across all of
its operations.
For further information contact:
April Hobbs Public Relations Manager
MLDS Public Relations Management LLC
Concord Tower Suite 16. 22nd Floor
Media City, Dubai UAE
april@mlds.co
Telephone : 9714 4364216
Fax: +9714 4470317
Mobile : +97150 4378921
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Source: PG Alluvial Mining PLC via Thomson Reuters ONE
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