Request for Suspension::Mandatory

Issuer & Securities

Issuer/ Manager
BLACKGOLD NATURAL RESOURCES LIMITED
Security
BLACKGOLD NATURAL RESOURCESLTD - SG1AH0000001 - 41H
Note: In line with current market practice, trading on SGX-ST of all securities related to the counter(s) have also been similarly suspended.

Announcement Details

Announcement Title
Request for Suspension
Date &Time of Broadcast
15-Jun-2023 07:01:00
Status
New
Announcement Reference
SG230614SUSP2HYM
Submitted By (Co./ Ind. Name)
Andreas Rinaldi
Designation
Executive Director and CEO
Narrative Type
Narrative Text
Additional TextWith reference to the announcement dated 14 June 2023 regarding the SGX-ST's queries on the receipt of the letters of demand and originating claim,
Additional Textthe Company has requested for a voluntary suspension of the trading of its shares after taking into consideration, inter alia, that the Company's current liquidity position is insufficient to sustain its operation as a listed company.
Additional TextThis announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. (the "Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.
Additional TextThis announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.
Additional TextThe Sponsor has also not drawn on any specific technical expertise in its review of this announcement.
Additional TextThe contact person for the Sponsor is Mr Pong Chen Yih, Chief Operating Officer, at 7 Temasek Boulevard, #18-03B Suntec Tower 1, Singapore 038987, telephone (65) 6950 2188.

Event Dates

Effective Date and Time of the Event
With Immediate Effect

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.