18 Oct 2011 09:38
SCOTGOLD RESOURCES LIMITED ("SCOTGOLD" OR THE "COMPANY")
EXERCISE OF OPTIONS
Scotgold (ASX:SGZ, AIM: SGZ) wishes to announce that it has allotted 922 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 24 October 2011.
The total number of shares in issue following the exercise of options is 193,590,834.
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 /Louise Mason |
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 |