Further to the cautionary statements dated 16 June and 8 July 2020, The Directors of Falcon Gold Zimbabwe Limited wish to advise all shareholders and the investing public that the company is still engaged in discussions that involve a potential transaction that may have a material impact on the value of the Company’s shares. The transaction relates to a cash offer to minorities and the termination of the ZSE listing of the company.
Further details of the transaction will be provided once discussions have been finalised.
Shareholders are therefore advised to exercise caution and consult their professional advisers when trading in the Company’s shares.
By order of the Board