Placing

Goldplat plc
05 April 2007

     Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration



5th April 2007

                   Goldplat plc ('Goldplat' or 'the Company')



                         Placing of new ordinary shares



Goldplat plc announces that it has placed 5,000,000 new ordinary shares ('the
placing shares') of 1p at 10p per share to raise £500,000. These funds will be
used in connection with the evaluation and acquisition of new mining ventures,
primarily gold mining projects, and for working capital.



Following the placing, Sirius Resource Fund 1 will hold 4.58% of the total
issued share capital, that being 109,000,000 shares.



Application has been made for the placing shares to be admitted to AIM, with
admission expected to occur on 13 April 2007.



Commenting on the placing, Goldplat's Chairman, Brian Moritz, said, 'We have an
exciting development plan, which is backed by a cash generative business. The
placing at a 10% premium to market price endorses and shows great support and
belief in the Company's strategy and the commitment of Demetri Manolis, our CEO,
to establishing Goldplat as a junior mining house.'



                                    **ENDS**



For further information visit www.goldplat.com or contact:

Brian Moritz, Goldplat Chairman                         Tel: [phone]
Demetri Manolis, Goldplat CEO                           Tel: [phone]
                                                        Mobile: [phone]
Luke Cairns, HB Corporate                               Tel: [phone]
Isabel Crossley, St Brides Media and Finance Limited    Tel: [phone]



Notes:

Goldplat, which listed on AIM on 26 July 2006, is a market leader in the
recovery of gold and platinum group metals from metallurgically-challenging
materials consisting primarily of by-products from gold and platinum mines in
South Africa.



Significant stockpiles of gold bearing materials exist on mine sites, which have
been enriched rather than depleted during mining, but which cannot be profitably
processed by individual mines. Mines need an economic method to dispose of such
material while adhering to environmental obligations. By providing a channel for
mines to generate revenue from waste material and save on disposal cost means
that a recovery operation is profitable given the Company's economies of scale.



The management team has vast experience in mining and the extraction of precious
metals, and has established strong relationships with many of the major mining
companies, including Anglogold Ashanti, Goldfields, Harmony and Bema for gold
and Impala Platinum, Lonmin and Angloplats on the PGM side.



Goldplat is now replicating the South African recovery business model in Ghana.
With the revenues generated from both plants, the Company aims to identify and
acquire further gold mining assets and to become a significant gold producer in
Africa.




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