| Dalradian Announces Director Dealing | |
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TORONTO, ONTARIO -- (Marketwired - July 1, 2016) - Dalradian Resources Inc. (TSX: DNA/AIM: DALR) ('Dalradian' or the 'Company') announces that it was informed on June 27 that Thomas Obradovich, Director of the Company, sold the following shares:
Date of Sale
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Shares Sold
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Unit Price
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No. of Common Shares Held after Transaction
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% of Company's total voting rights
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May 18, 2016
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100,000
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$1.1342
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271,500
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0.13%
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June 9, 2016
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50,000
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$1.0895
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221,500
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0.10%
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About Dalradian Resources Inc.
Dalradian Resources Inc. is a gold exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom. The Company is in the midst of a work program in support of a planning (permitting) application for construction of an operating mine at Curraghinalt. Components of the program include a feasibility study, an environmental and social impact assessment and underground exploration (at least 950 metres of development with associated test stoping).
In May 2016, Dalradian announced an updated mineral resource estimate for Curraghinalt, including a 109% increase in gold ounces contained in the Measured and Indicated categories compared with the 2014 resource. The current resource consists of 2.1 million ounces of contained gold in the Measured and Indicated categories (5.61 million tonnes at 11.61 g/t) and 2.3 million ounces of contained gold in the Inferred category (7.13 million tonnes at 10.06 g/t gold). For further information, see the NI 43-101 technical report entitled, 'Technical Report for the Northern Ireland Gold Project, Northern Ireland', dated June 17, 2016 and prepared by Dr. Jean-Francois Couture, PGeo (APGO#0197) and Dr. Oy Leuangthong, PEng (PEO#90563867), both of SRK Consulting (Canada) Inc. and Stacy Freudigmann, PEng (APEGBC #33972) of JDS Energy & Mining Inc.
For more information:
Marla Gale
Vice President Communications
+1 416 583 5622
[email protected]
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett / Richard Tonthat / Harrison Clarke
+44 (0)20 7383 5100
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Dalradian Resources Inc.
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CODE : DNA.TO |
ISIN : CA2354991002 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Dalradian Resources is a gold development stage company based in Canada. Dalradian Resources is listed in Canada. Its market capitalisation is CA$ 365.4 millions as of today (US$ 277.6 millions, € 231.0 millions). Its stock quote reached its highest recent level on October 08, 2010 at CA$ 2.75, and its lowest recent point on October 31, 2014 at CA$ 0.46. Dalradian Resources has 250 240 000 shares outstanding. |