The Zimbabwe Stock Exchange Limited (“ZSE”) hereby notifies the investing public of the lifting of suspension in the trading of Falcon Gold Zimbabwe Limited (“Falgold”) shares with effect from 23 September 2019.
Falgold had requested for voluntary suspension on the basis that they had failed to publish their audited financial statements for the period ended 30 September 2018.
Falgold has since taken the following corrective measures and thereafter applied for the lifting of suspension in the trading of its shares on the ZSE;
- On the 14th of August 2019, Falgold published the 2018 audited financial results for the period ended 30 September 2018 which was the reason for the voluntary suspension;
- On the 9th September 2019, Falgold held its members Annual General Meeting for the year ended 30 September 2018; and
- On the 13th of September 2019, Falgold also published the half-year interim results for the period ended 31 March 2019 and therefore fulfilled their outstanding continuing obligations.
The ZSE Listings Committee satisfied itself that all the compliance issues which led to the voluntary suspension request had been fully met and resolved to lift the suspension with effect from 23 September 2019.
Chief Executive Officer
23 September 2019