SolGold plc: Exercise of Options
Bishopsgate - The Board of SolGold plc (SolGold or the Company) wishes to advise of the allotment and issue of 19,591,768 new ordinary shares as a result of the exercise of share options, half exercisable at 14p and half exercisable at 28p, pursuant to the agreement with Maxit Capital LP as announced on 1 August 2016. Application has been made to the London Stock Exchange Main Market and admission is expected on or around 16 October 2018.
Following the exercise of these options, the Company now has on issue a total of 1,716,387,454 fully paid ordinary shares, 21,450,000 options exercisable at 28p, 21,250,000 options exercisable at 40p and 47,012,000 options exercisable at 60p.
By order of the Board
Karl Schlobohm
Company Secretary
CONTACTS
| Mr Nicholas Mather | Tel: +61 (0) 7 3303 0665 |
| SolGold plc (Chief Executive Officer) | +61 (0) 417 880 448 |
| nmather@solgold.com.au | |
| Mr Karl Schlobohm | Tel: +61 (0) 7 3303 0661 |
| SolGold plc (Company Secretary) | |
| kschlobohm@solgold.com.au | |
| Ms Anna Legge | Tel: +44 (0) 20 3823 2131 |
| SolGold plc (Corporate Communications) | |
| alegge@solgold.com.au | |
| Gordon Poole / Nick Hennis | Tel: +44 (0) 20 3757 4997 |
| Camarco (Financial PR / IR) | |
| solgold@camarco.co.uk | |
| Andrew Chubb / Ingo Hofmaier | Tel: +44 (0) 20 7907 8500 |
| Hannam & Partners (Joint Broker) | |
| solgold@hannam.partners |
Follow us on twitter @SolGold_plc
ABOUT SOLGOLD
SolGold is a leading exploration company focussed on the discovery and definition of world-class copper and gold deposits. In 2017 SolGold's management team was recognised by the “Mines and Money” Forum as an example of excellence in the industry, and continue to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt.
Please see the associated PDF to view the announcement in full.
http://www.rns-pdf.londonstockexchange.com/rns/7050D_1-2018-10-11.pdf
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Source: SolGold plc (TSX:SOLG, LSE:SOLG, OTC Pink:SLGGF)