TIDMPRS

RNS Number : 4855D

Paternoster Resources PLC

10 October 2018

10 October 2018

Paternoster Resources plc

("Paternoster" or the "Company")

Investment update

Since the announcement of the Company's interim results on 19 September 2018, the Company has continued to be active in deploying capital in RiverFort-arranged investments and, as at 28 September 2018, over GBP1.8 million has now been invested. As a result, the majority of our investment portfolio now comprises income generating RiverFort-arranged investments. Furthermore, as many of these investments include warrants issued in the underlying investee companies, our scope to benefit from the future equity performance of these companies is continuing to increase, in addition to the income received from these companies.

Nicholas Lee, Chairman commented:

"We are very pleased with the number of investment opportunities that have been made available to us and we are confident of being able to deploy the capital that we have raised earlier in the year."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information please contact:

 
 Paternoster Resources plc:    +44 20 7580 7576 
 Nicholas Lee, Chairman 
 
 
 Nominated Advisor:               +44 20 7628 3396 
 Beaumont Cornish 
 Roland Cornish/Rosalind Hill 
  Abrahams 
 
  Joint Broker: 
  Shard Capital Partners LLP 
  Damon Heath                       +44 20 7186 9950 
  Erik Woolgar 
 
  Joint Broker: 
  Peterhouse Corporate Finance 
  Lucy Williams                     +44 20 7562 3351 
 
 
 
 
 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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October 10, 2018 02:00 ET (06:00 GMT)

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