In order to reflect the Company’s long-term strategy of becoming a diversified player in the resources sector the Company has decided to change its name to Carraigmore Resources Group Limited.
This is to underline the Company’s continuous efforts to broaden its footprint by expanding and adding Gold Mining and Gem-Stones to its portfolio. The Company is in advanced negotiations with target operations in North and South America as well as Africa. The medium term goal is to have a well diversified portfolio of resources allowing the group to face the challenges of a very dynamic sector.