FOR IMMEDIATE RELEASE 04 October 2011
ATHOL GOLD LIMITED
("Athol Gold" or the "Company")
ALLOTMENT OF NEW ORDINARY SHARES
The Board of Athol Gold announces that it has today agreed an allotment of 1,435,184 new ordinary shares of £0.0025 each ("Ordinary Shares") at a price of 0.54p per Ordinary Share to related parties in lieu of services fees due for the three months to 30 September 2011.
Application will be made for 1,435,184 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 10 October 2011.
On completion of the above transactions:
Jennifer Allsop will have an interest in 1,577,575 Ordinary Shares representing 0.26% of issued share capital of Athol.
Alastair Ford will have an interest in 1,064,766 Ordinary Shares representing 0.18% of the issued share capital of Athol.
Robin Andrews will have an interest in 883,552 Ordinary Shares representing 0.15% of the issued share capital of Athol.
For further information please call:
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Athol Gold Limited |
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Jennifer Allsop |
+44 7788 541744 |
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T1ps Investment Management (IoM) Ltd |
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Tom Winnifrith |
+44 1624 676848 |
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Libertas Capital |
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Sandy Jamieson |
0207 569 9650 |
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Bishopsgate Communications |
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Laura Stevens / Giang Nguyen |
0207 562 3350 |