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Completion of Placing

29 Feb 2008 16:19

Cluff Gold PLC29 February 2008 29 February 2008 AIM: CLF Cluff Gold plc ("Cluff Gold" or the "Company") Completion of Placing Further to the announcement made earlier today, the Company is pleased toannounce that all outstanding conditions in relation to the fundraising by whichthe Company raised approximately £12.8 million before expenses, by way of aplacing, by BMO Capital Markets, WH Ireland Limited and Smith's CorporateAdvisory Limited, of 14,570,000 new ordinary shares of 1p each ("Placing Shares") at 88p per share (the "Placing") have now been met. Accordingly the Placing is now complete, subject only to admission of thePlacing Shares to trading on AIM. As announced on 27 February 2008, application has been made for the PlacingShares to be admitted to trading on AIM and dealing in the Placing Shares isexpected to commence on 3 March 2008. For further information, please contact: J.G. Cluff / Charles Lutyens; Cluff Gold plc Tel: 0207 340 9790 David Youngman / Katy Mitchell; WH Ireland Limited Tel: 0161 832 2174 Louise Goodeve / Justine Howarth; Parkgreen Communications Tel: 020 7851 7480 www.cluffgold.com This information is provided by RNS The company news service from the London Stock Exchange
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