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Golden Prospect Precious Metals Ltd (GPM) Ord Gbp0.001

Sell:38.50p Buy:40.00p 0 Change: 0.25p (0.64%)
Market closed Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Offer for Subscription

Golden Prospect Precious Metals Ltd Ord Gbp0.001

Type:
Offer for Subscription
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 13 Nov 2024)

You’ve got the option to buy more Golden Prospect Precious Metals Ltd shares at a fixed price of 35.94p each.

 

Your maximum allocation is limited to 1 new share for every 5 Golden Prospect Precious Metals Ltd shares held at the end of 28 November 2024 (this allows time for any outstanding trades to settle by the record date of 2 December 2024).

 

If you apply for more than 1 new share for every 5 held at the end of 28 November, we’ll scale your application down to the maximum allowed.

 

If you don’t want to buy more shares, you don’t need to do anything. If you do not take up your entitlement in full you may receive a cash payment for lapsed entitlements.

 

Buying more Golden Prospect Precious Metals Ltd shares – Act by noon Tuesday 26 November 2024.


You’ll need enough money on your capital account from noon on 26 November 2024 until the money is used on 28 November 2024.

 

If you hold shares in an ISA / LISA and want to buy shares outside of that ISA / LISA in a Fund & Share Account please make this clear in the further details box below. 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
Sell:38.50p
Buy:40.00p
Change: 0.25p (0.64%)
Market closed Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Offer for Subscription

Golden Prospect Precious Metals Ltd Ord Gbp0.001

Type:
Offer for Subscription
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 13 Nov 2024)

You’ve got the option to buy more Golden Prospect Precious Metals Ltd shares at a fixed price of 35.94p each.

 

Your maximum allocation is limited to 1 new share for every 5 Golden Prospect Precious Metals Ltd shares held at the end of 28 November 2024 (this allows time for any outstanding trades to settle by the record date of 2 December 2024).

 

If you apply for more than 1 new share for every 5 held at the end of 28 November, we’ll scale your application down to the maximum allowed.

 

If you don’t want to buy more shares, you don’t need to do anything. If you do not take up your entitlement in full you may receive a cash payment for lapsed entitlements.

 

Buying more Golden Prospect Precious Metals Ltd shares – Act by noon Tuesday 26 November 2024.


You’ll need enough money on your capital account from noon on 26 November 2024 until the money is used on 28 November 2024.

 

If you hold shares in an ISA / LISA and want to buy shares outside of that ISA / LISA in a Fund & Share Account please make this clear in the further details box below. 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
Sell:38.50p
Buy:40.00p
Change: 0.25p (0.64%)
Market closed Prices as at close on 22 November 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Offer for Subscription

Golden Prospect Precious Metals Ltd Ord Gbp0.001

Type:
Offer for Subscription
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 13 Nov 2024)

You’ve got the option to buy more Golden Prospect Precious Metals Ltd shares at a fixed price of 35.94p each.

 

Your maximum allocation is limited to 1 new share for every 5 Golden Prospect Precious Metals Ltd shares held at the end of 28 November 2024 (this allows time for any outstanding trades to settle by the record date of 2 December 2024).

 

If you apply for more than 1 new share for every 5 held at the end of 28 November, we’ll scale your application down to the maximum allowed.

 

If you don’t want to buy more shares, you don’t need to do anything. If you do not take up your entitlement in full you may receive a cash payment for lapsed entitlements.

 

Buying more Golden Prospect Precious Metals Ltd shares – Act by noon Tuesday 26 November 2024.


You’ll need enough money on your capital account from noon on 26 November 2024 until the money is used on 28 November 2024.

 

If you hold shares in an ISA / LISA and want to buy shares outside of that ISA / LISA in a Fund & Share Account please make this clear in the further details box below. 

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter/message and not on the summary information outlined above.

 

×
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company aims to generate above average returns for Shareholders primarily through the capital appreciation of its investments. The Directors believe that such returns can be obtained by investing in a selective portfolio of securities and other instruments in the precious metals sector. The Company will target equity investments in precious metals, including gold, silver, platinum, palladium and in diamonds.
Security Weight
Calibre Mining Corp 10.85%
Emerald Resources NL 10.07%
West African Resources Ltd 9.96%
Ora Banda Mining Ltd 9.65%
Westgold Resources Ltd 5.87%
Greatland Gold Plc Ord Gbp0.001 4.99%
Fortuna Mining Corp 4.24%
MAG Silver Corp 4.17%
Mawson Gold Ltd 3.59%
Osisko Gold Royalties Ltd 3.12%
Sector Weight
Basic Materials 111.91%
Financial Services 0.02%
Country Weight
Canada 58.27%
Australia 47.34%
United Kingdom 4.99%
South Africa 1.53%
United States 0.23%

Fee Structure

Management fee of 1.25% of NAV p.a. on the first GBP 20m, and of 1.00% on NAV above that. No performance fee to be paid. The agreement will be terminable on notice period of 12 months.

Dividend Policy

The Company does not expect to distribute any income or gains from the investments of Company.

ASSET SPLIT

Total number of holdings: 65.

Trust Manager

Keith Watson

Manager Bio

Keith is joint Portfolio Manager for Golden Prospect Precious Metals Limited, Geiger Counter Limited, and CQS Natural Resources Growth and Income plc. Keith joined CQS in July 2013 from Mirabaud Securities where he was a Senior Natural Resource Analyst. Prior to Mirabaud, Keith was Director of Mining Research at Evolution Securities. Previous to this, he was a top-ranked business services analyst at Dresdner Kleinwort Wasserstein, Commerzbank and Credit Suisse/BZW. Keith began his career in 1992 as a portfolio manager and research analyst at Scottish Amicable Investment Managers. Keith has a BSc (Hons) in Applied Physics from Durham University.

Board Of Directors

Toby BirchChairman, Graeme Ross, Robert King, Monica Tepes

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.