Expiry of Share Purchase Agreement with FineGems Extraction Corporation (“FGE”)

Path Investments plc (TIDM: PATH), the energy and natural resources investment company, announces that the Share Purchase Agreement with FGE announced on 19 August 2019 has expired without completion.

Based on the Company’s due diligence and feedback from potential investors, and from Path’s own advisers, the Directors concluded that, whilst the FGE asset was attractive and offered clear potential, the transaction would not have been viable as originally conceived.  

For further information please contact:

Path Investments plcC/O IFC
Christopher Theis

IFC Advisory (Financial PR & IR)020 3934 6630
Tim Metcalfe
Zach Cohen
Keith, Bayley, Rogers & Co. Limited (Broker)
Brinsley Holman07776 30 22 28
Graham Atthill-Beck07506 43 41 07