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Athol Gold & Value (MAFL)

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Thursday 01 March, 2012

Athol Gold & Value

Issue of Equity

RNS Number : 5237Y
Athol Gold and Value Limited
01 March 2012

                                                01 March 2012





("Athol" or the "Company")





The Board of Athol announces that it has today agreed an allotment of 3,662,743 new ordinary shares ("Ordinary Shares") at a price of 0.37p in settlement of the T1ps Investment Management (IOM) Limited investment management fee of £13,552.15 for the 3 months ended 31 December 2011.


Application will be made for 3,662,743 new Ordinary Shares in Athol, which, when issued, will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM. This is expected to be on 07 March 2012.


Following admission, the Company's enlarged issued share capital will comprise 1,138,140,737 ordinary shares with one voting right per share.  The total number of voting rights in the Company is therefore 1,138,140,737.



For further information please call:

Athol Gold Limited

Jennifer Allsop

+44 7788 541744

T1ps Investment Management (IoM) Ltd

Tom Winnifrith

+44 1624 676848

Libertas Capital

Sandy Jamieson

+44 207 569 9650

XCAP Securities plc

John Grant / Jon Belliss

+44 207 101 7070


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