Issue of Equity

16 Jan 2008 07:00

Highland Gold Mining Limited16 January 2008 Highland Gold Mining Limited Further Equity subscription in Highland Gold 16 January 2008 Highland Gold announces that Millhouse LLC has completed its second subscriptionfor 65,050,000 new ordinary shares in Highland Gold at a price of 151 pence pershare. These new ordinary shares will be admitted to trading on the AIM Marketof the London Stock Exchange at 8.00 today. Millhouse LLC has a 40% interest inthe issued share capital of Highland Gold. The issued share capital of Highland Gold from today is 325,014,450 ordinaryshares of £0.001 per share. Enquiries:Highland Gold Henry Horne, Managing Director, Moscow - +7 495 777 5529 Dmitry Yakushkin, Director of Communications - +7 495 777 3155 Dominic Palmer-Tomkinson - +44 207 7239 0140 JPMorgan Cazenove Michael Wentworth-Stanley, Managing Director - +44 (0) 207 588 2828 (Nominated Adviser) Sam Critchlow Fin Public Relations Alex Glover - +44 (0) 207 608 2280 Millhouse LLC John Mann - +7 495 961 1307 This information is provided by RNS The company news service from the London Stock Exchange