Issue of Unlisted Options

RNS Number : 9177B

Scotgold Resources Ltd

09 April 2013

 



Scotgold Resources Limited ("Scotgold" or the "Company")

Issue of Unlisted Options

Scotgold (ASX:SGX) (AIM:SGZ) can confirm that it has today issued 7,111,111 unlisted options to RMB Australia Holdings Limited in consideration of increasing the Company's existing £1,180,000 corporate facility by £320,000 to £1.5 million.  The options have an exercise price of £0.045 (four and a half British pence) and an expiry date of 28 March 2016.  The options were issued as part of the broader fundraising that was announced by Scotgold on 4 December 2012.

For further information please contact:

United Kingdom:

Scotgold Resources Limited	Westhouse Securities Limited	Bankside Consultants
John Bentley (Chairman) Chris Sangster (CEO)	Richard Baty / Petre Norton	Simon Rothschild /Harry Gourlay
Tel: [phone]	Tel: [phone]	Tel [phone]

Australia:

Scotgold Resources Limited	Professional Public Relations
Shane Sadleir (Non-Executive Director)	Belinda Newman
Tel:       [phone] Mobile: [phone]	Tel:       [phone] Mobile: [phone]

 

END

 

 

MSCSSUFSUFDSEIL