30 Aug 2011 11:01
SCOTGOLD RESOURCES LIMITED ("SCOTGOLD" OR THE "COMPANY")
EXERCISE OF OPTIONS
Scotgold (ASX:SGZ, AIM: SGZ) wishes to announce that it has allotted 7,128 ordinary shares of zero nominal value in the Company following the exercise of options with an exercise price of AUS$0.08 per share.
An application for admission of the new shares to trading on AIM will be submitted and trading is expected to commence on 5 September 2011.
The total number of shares in issue following the exercise of options is 161,329,030.
For further information please contact:
United Kingdom:
Scotgold Resources Limited | Westhouse Securities Limited | Bankside Consultants |
John Bentley (Chairman) Chris Sangster (CEO) | Richard Baty / Petre Norton | Simon Rothschild /Elena Kuza |
Tel: +44 (0)7785921505 | Tel: +44 (0)20 7601 6100 | Tel +44 (0)20 7367 8888 |
Australia:
Scotgold Resources Limited | Professional Public Relations |
Shane Sadleir (Non-Executive Director) | Karen Oswald |
Tel: +61 (8) 9428 2950 Mobile: +61 (0) 411 704 498 | Tel: +61 (8) 9388 0944 Mobile: +61 (0) 423 602 353 |