18 May 2012 07:00
Orogen Gold Plc
("the Company")
Holdings in Company
The Company has received notification that the EFRB Trust, of which Mr Alton Bilton is a potential beneficiary, has purchased 12,580,000 shares of 0.1p each in the Company.
Mr Bilton has an interest in 140,080,000 ordinary shares of 0.1p each, representing 7.35% of the issued share capital of the Company.
Orogen Gold Plc Ed Slowey, CEO Alan Mooney, FD |
+353 1662 8395
|
Zeus Capital Limited Nominated Adviser and Joint Broker Ross Andrews/Tom Rowley
|
+44 (0)161 831 1512 |
XCAP Securities Plc Joint Broker Jon Belliss
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+44 (0) 207 101 7070 |
Newgate Threadneedle Financial PR Guy McDougall/ Josh Royston/ Terry Garrett
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+44 (0) 207 653 9842 |
Notes to Editors
The Deli Jovan gold project is in eastern Serbia, the site comprising two shallow underground gold mines at Rusman and Gindusa, about 6 kilometres apart along a major shear zone. Production at the mines was halted in the 1930s due to the impending Second World War, and was never restarted. The mines lay untouched for over 70 years until Orogen Gold reassessed, dewatered and restarted exploration at Deli Jovan in 2011.