28 Nov 2013 07:00
SCOTGOLD RESOURCES LIMITED
("SCOTGOLD" OR "THE COMPANY")
Re: Presentation and Notices to Shareholders & Option holders
Chris Sangster, Chief Executive Officer of Scotgold, is to give a presentation at the Company's Annual General Meeting to be held today.
A copy of the presentation can be found at www.scotgoldresources.com.au.
The Company has also today published a notice to shareholders and a notice to option holders through the ASX relating to Scotgold's proposed rights issue. These notices have been published in accordance with the Australian listing rules and the information included within them was included within the Company's notification of the rights issue of 26 November 2013. The notices are available through the Company and ASX websites.
For further information please contact:
United Kingdom:
Scotgold Resources Limited | Westhouse Securities Limited | Bankside Consultants |
John Bentley (Chairman) Tel: + 44 (0)7785 921505
Chris Sangster (CEO)
| Richard Baty / Martin Davison | Simon Rothschild |
Tel: +44 (0)77 2562 9509 | Tel: +44 (0)20 7601 6100 | Tel +44 (0)20 7367 8888 |
Australia:
Scotgold Resources Limited | Professional Public Relations |
Peter Newcomb (Company Secretary)
| Belinda Newman |
Tel: +61 (8) 9222 5850
| Tel: +61 (8) 9388 0944 Mobile: +61 (0) 401 802 210 |
Background
Scotgold Resources
• Scotgold Resources is a mining exploration and development company listed on the Australian Securities Exchange in January 2008 and the AIM market of the London Stock Exchange in the UK in February 2010.
• The Company was formed with its sole focus on exploring for gold and silver in Scotland, with the already identified Cononish Gold and Silver Project as its core asset. Once in production, the Project will be Scotland's first commercial gold mine.
• The Company holds Crown options of some 4200km2 covering the highly prospective Dalradian terrain in the SW Grampians of Scotland
• Scotgold acquired the Cononish Gold and Silver Project in 2007 and has been working towards bringing the project to production in conjunction with its ongoing exploration efforts at Cononish and in the south west Grampians.
• In July 2011 Scotgold submitted its reapplication for planning permission, which was recommended for approval in October 2011 subject to finalizing conditions and various legal agreements
• In February 2012, the Decision Notice granting planning permission was issued by the Planning Authority and the Crown lease granted in May 2012