Last checked at 19 Dec 2014 15:05
19 December 2014
Orogen Gold plc
("Orogen" or the "Company")
Result of General Meeting
The Company announces that, at the general meeting held earlier today, all resolutions were duly passed.
Accordingly, as set out in the circular sent to shareholders on 25 November 2014, "each Existing Ordinary Share held by a Shareholder as at the Record Date will be sub-divided into one ordinary share of 0.01p and one deferred share of 0.09p. Immediately thereafter every ten deferred shares of 0.09p held by a Shareholder will be consolidated into one Deferred Share of 0.9p. This consolidation will bring the nominal value of the deferred shares back into line with that of the Deferred Shares already in issue."
With effect from 22 December 2014, the Company's ordinary issued share capital will comprise 3,560,432,183 ordinary shares of 0.01 pence each.
Enquiries:
Orogen Gold plc Ed Slowey, CEO Alan Mooney, FD
| +353 1662 8395
|
Cairn Financial Advisers LLP (Nominated Adviser) Avi Robinson / Liam Murray
| +44 (0) 20 7148 7900
|
Hume Capital Securities plc (Broker) Jon Belliss
|
+ 44 (0) 20 3693 1470
|
Walbrook (Public Relations and Investor Relations) Paul Cornelius/ Guy McDougall | + 44 (0) 20 7933 8780 |
About Orogen Gold
Orogen Gold plc is a UK public company quoted on the London Stock Exchange AIM market (ticker: ORE). The Company is focused on mineral exploration and development in Europe and is currently operating two gold exploration projects: a) at Mutsk in Armenia and b) at Deli Jovan in Serbia. The Mutsk gold project in Armenia was optioned by Orogen early in 2013 to follow-up reports of a new epithermal discovery within an established gold district. At Deli Jovan the historic high-grade gold mining camp was last in production prior to World War II and has been significantly under-explored in modern times. The Mutsk project has been prioritised by the Company due to the clear potential evident on the property.