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Scotgold Resources (SGZ)

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Friday 23 March, 2018

Scotgold Resources

Conversion of Options and Issue of Equity

RNS Number : 6830I
Scotgold Resources Ltd
22 March 2018

Scotgold Resources Limited

23 March 2018


Scotgold Resources Limited


Conversion of Options and Issue of Equity


Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the "Company") announces that 450 fully paid ordinary Scotgold shares ("Option Shares") have today been issued on conversion of options exercisable at £0.40 on or before 31 December 2019.


Application will be made for the 450 Option Shares to be admitted to trading on AIM ("Admission") and Admission is expected to take place on 28 March 2018.


Following Admission, the Company's enlarged issued share capital will comprise 28,365,799 ordinary shares with voting rights. The Company does not hold any shares in treasury, therefore the total number of shares in the Company with voting rights will be 28,365,799. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.



For further information please contact:



For further information -

Scotgold Resources Limited

Richard Gray


Tel: +44 (0)1838 400 306

SP Angel Corporate Finance LLP

Nomad and Joint Broker

Ewan Leggat / Charlie Bouverat


Tel +44 (0) 20 3470 0470

Smaller Company Capital Ltd

Joint Broker

Rupert Williams


Tel: +44 (0)20 3651 2911

Capital Markets Consultants

Financial PR

Simon Rothschild

   Tel: +44(0)7703 167 065


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

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