Oxus Gold Plc Regulatory News (OXS)

Oxus Gold plc

Issue of Equity and Extension of Equity Funding Agreement

Oxus Gold plc ("Oxus" or the "Company"), is pleased to announce that it has raised approximately £70,000 (net of fees and costs) following a subscription for new ordinary shares in the Company by Darwin Strategic Limited ("Darwin"). The subscription for new ordinary shares was made by Darwin on 26 August 2014 pursuant to the terms of the Equity Financing Facility Agreement (as announced on 13 March 2013) and at a gross price per share of 2.00p.

Following the subscription for new ordinary shares by Darwin as set out above, the Company has issued and allotted, conditional on admission to trading on AIM, 3,783,784 new ordinary shares of 1p each to Darwin.

The new ordinary shares will rank pari passu in all respects with the existing ordinary shares of 1p each in Oxus.

Application has been made to the London Stock Exchange for 3,783,784 shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that trading in the new Oxus shares will commence on or around 2 September 2014.

Following Admission, the Company's enlarged issued share capital will comprise 523,002,268 ordinary shares with voting rights.

The Board of Oxus Gold is also pleased to announce that it has agreed to extend its Equity Funding Agreement with Darwin by a further 6 months from 1st September 2014, on the same terms as announced on 13 March 2013, allowing for further maximum draw down amount of £1,200,000 to help support the Company's working capital requirement.

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