Shefa Gems Ltd Loan Conversion Update (6660F)
16 July 2019 - 5:56PM
UK Regulatory
TIDMSEFA
RNS Number : 6660F
Shefa Gems Ltd
16 July 2019
B"H
16 July 2019
Shefa Gems Ltd.
("Shefa Gems" or the "Company")
Loan Conversion Update
As announced by Shefa Gems (LSE: SEFA), a company focused on
advanced exploration and development of multi-gemstone projects in
Northern Israel, on 9 July 2019, the Company will be seeking
Admission for 5,061,055 new ordinary shares following a conversion
of loans. These shares will now be admitted on 17 July 2019 rather
than 15 July 2019 as previously stated.
- Ends -
Enquiries
Shefa Gems Ltd
Michael Rosenberg, OBE - Chairman
www.shefayamim.com +44 20 7938 4026
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VSA Capital Limited - Financial
Adviser
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Andrew Raca +44 20 3005 5000
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SI Capital Limited - Broker and
Strategic Adviser
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+44 20 3871 4038 / +44
Nick Emerson and Jon Levinson 1483 413500
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Luther Pendragon
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Harry Chathli, Alexis Gore, Rachel
So +44 20 7618 9100
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Notes to Editors
About Shefa Gems Ltd
Shefa Gems Ltd (LSE: SEFA) is a multi-commodity explorer of
precious stones operating in Northern Israel. Exploration activity
is managed by professionally skilled and technically competent
personnel and is accompanied by an international team of geological
experts with decades of proven experience in their fields.
All exploration activities are conducted under international
standards and the internationally recognised SAMREC 2016 Code.
Furthermore, its permits, granted to it by the Commissioner of
Mines, extend over an area of approximately 600,000 Dunam (60,000
hectares) that includes the Kishon River, the volcanic bodies on
Mount Carmel, the Zevulun and Yizre'el valleys and their margins -
Menashe Hills, Tivon-Alonim Hills, and Nazareth range. The Company
upholds environmental values and protects the nature in the areas
where it operates, cooperating fully with all authorities.
Alongside its exploration activities, the Company is building on
the launch of the "Heaven on Earth" jewellery collection, created
by world-renowned designer Yossi Harari, and developing the
Company's "Mine to Market" strategy to promote unique jewellery
collections utilising Shefa Gems' suite of precious gemstones.
The exclusive "Heaven on Earth" collection is now available to
view online on the website of the designer Yossi Harari at:
www.yossiharari.com/collections/heaven-on-earth
For further information please visit the website at
www.shefayamim.com
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END
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