Lionsgold – AIM cancellation, still though set to return?
Lionsgold (LION), which describes itself as “focused on the exploration, production and retail application of physical gold, including the development of physical gold as a currency”, announced a suspension from AIM trading on 11th May, stating that it had been “determined that the company has undertaken a fundamental change of business through the acquisition of TRAC Technology Limited (now renamed Goldbloc Limited)” – and as such a new AIM admission document was required. It was added “this process is expected to take three to four months to complete”. Today, with this not having been delivered in sufficient time, the shares “have been cancelled from trading on AIM”…
