9 Apr 2013 12:01
Scotgold Resources Limited ("Scotgold" or the "Company")
Issue of Unlisted Options
Scotgold (ASX:SGX) (AIM:SGZ) can confirm that it has today issued 7,111,111 unlisted options to RMB Australia Holdings Limited in consideration of increasing the Company's existing £1,180,000 corporate facility by £320,000 to £1.5 million. The options have an exercise price of £0.045 (four and a half British pence) and an expiry date of 28 March 2016. The options were issued as part of the broader fundraising that was announced by Scotgold on 4 December 2012.
For further information please contact:
United Kingdom:
Scotgold Resources Limited | Westhouse Securities Limited | Bankside Consultants |
John Bentley (Chairman) Chris Sangster (CEO) | Richard Baty / Petre Norton | Simon Rothschild /Harry Gourlay |
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 |
Shane Sadleir (Non-Executive Director) | Belinda Newman |
Tel: +61 (8) 9428 2950 Mobile: +61 (0) 411 704 498 | Tel: +61 (8) 9388 0944 Mobile: +61 (0) 401 802 210
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SGZ.L (SGZ)