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Disposal

19 Mar 2009 16:10

RNS Number : 1629P
Ovoca Gold PLC
19 March 2009
 



Ovoca Gold plc ("Ovoca" or the "Company")

Partial disposal of Polymetal holding 

Ovoca announces that it has disposed of 3,750,000 shares in Polymetal which it received as part consideration for the disposal of CJSC Prospectors Artel Ayax in January 2009. The net proceeds from the sale was $21,562,500.

For further information contact

Ovoca Gold plc

Mr. Danesh Varma CFO

+44 (0)20 7937 8151

danesh.varma@ovocagold.com

Mr. Leonid Skoptsov CEO

+7 495 648 26 46

leonid.skoptsov@ovocagold.com

Davy

John Frain

+353 1 614 679 6363

This information is provided by RNS
The company news service from the London Stock Exchange
 
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