25 May 2016 09:00
25 May 2016
Patagonia Gold Plc
("Patagonia Gold" or the "Company")
Holding in Company
Patagonia Gold announces that Arconas International Limited - Tronador ("Arconas International") subscribed for 30,000,000 ordinary shares of 1p each in the Company ("Ordinary Shares") in the subscription announced on 20 May 2016. Arconas International is now interested in a total of 84,139,333 Ordinary Shares, representing approximately 5.40 per cent. of the Company's issued share capital.
For more information, please contact:
Christopher van Tienhoven, Chief Executive Officer
Patagonia Gold Plc
Tel: +54 911 5278 6950
Angela Hallett / Richard Tulloch / Ritchie Balmer
Strand Hanson Limited
Tel: +44 (0)20 7409 3494
Stewart Dickson
Cantor Fitzgerald Europe
Tel: +44 (0)20 7894 7000