Connemara Mining to change name to Arkle Resources

12th Feb 2019 15:46

(Sharecast News) - Irish gold and zinc exploration and development company Connemara Mining Company proposed to change its to 'Arkle Resources plc', it announced on Tuesday.The AIM-traded firm said it believed that the change of name, while reflecting its heritage as an Irish-based company established to focus on zinc assets, would better reflect its now diversified position in both gold and zinc exploration and resource development."A resolution to change the name of the company will be proposed at an extraordinary general meeting to be held [in] Dublin on 12 March," the board said in its statement.It confirmed that a circular setting out full details of the name change would be posted to shareholders, and would also be available from its website.Connemara is a diversified exploration company with principal assets in gold and zinc exploration licences across Ireland.It currently held interests in a total of 38 licences, including joint ventures with Teck Ireland at the Oldcastle Zinc Project, and with Group Eleven Resources at the Stonepark Zinc Project.