Statement re Share Price Movement

RNS Number : 2215T

Athol Gold and Value Limited

02 December 2011

 



02 December 2011

ATHOL GOLD AND VALUE LIMITED

("Athol" or the "Company")

Statement Re Share Price Movement

The Board of Athol notes the recent decline in its share price.  It is unaware of any reason for the share price movement and notes that the shares trade at a steep discount to Net Asset Value.

The Directors are in negotiations to conclude two transactions which will materially increase funds under management and which, if concluded, will be executed at a price materially in excess of the current share price.

The Directors will keep investors informed of developments.

For further information contact:

Athol Gold and Value Limited Jennifer Allsop, Executive Chairman	[phone]
Libertas Capital Corporate Finance Limited Sandy Jamieson	[phone]
XCAP Securities plc John Grant / Jon Belliss	[phone]

 

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