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Hummingbird: Cora Gold lists on AIM

Hummingbird Resources Plc's 33.85%-owned Cora Gold Ltd. was admitted to trading on the London Stock Exchange's AIM on Oct. 9 following a successful fundraising of about £3.5 million.

The company's shares will trade under the ticker CORA.L.

At an IPO price of 16.5 British pence per share, Hummingbird's interest in Cora Gold is valued at approximately US$5 million.

The majority of net proceeds will be used for a planned exploration program, focusing primarily at the company's flagship Sanankoro discovery in Mali, as well as some exploration activities on its other properties.