Issue of Equity

RNS Number : 6368R

Athol Gold and Value Limited

07 November 2011

Athol Gold and Value Limited

("Athol" or the "Company")

Issue of Equity

Athol is pleased to announce that application has been made for the admission to AIM of 3,956,633 new Ordinary Shares ("New Shares"). The New Shares have been issued at 0.49p per Ordinary Share as consideration for an acquisition by Athol of shares in an AIM quoted Company. Admission of the New Shares is expected to occur on 11 November 2011. On admission, the New Shares will rank pari passu with the existing Ordinary Shares in the Company.

Total Voting Rights

Following admission, the Company's enlarged issued share capital will comprise 601,655,510 Ordinary Shares with one voting right per share. The total number of voting rights in the Company is therefore 601,655,510.

This figure of 601,655,510 Ordinary Shares 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 under the FSA's Disclosure and Transparency Rules.

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