OXS Oxus Gold

TIDMOXS

RNS Number : 9484G

Oxus Gold PLC

25 November 2015

25 November 2015

Oxus Gold plc

Conversion of CLNs and Issue of Equity

Oxus Gold plc ("Oxus" or the "Company") is pleased to announce that Darwin Capital Ltd ("Darwin") has given notice to convert zero coupon unsecured convertible loan notes in the Company ("CLNs") with a value of GBP100,000 into ordinary shares of 1p each in the Company ("Ordinary Shares"). Following this conversion, Darwin does not currently hold any CLNs, although further CLNs may be issued to Darwin pursuant to an agreement entered into between Oxus and Darwin on 6 October 2015.

2,843,678 new Ordinary Shares have today been issued to Darwin pursuant to the conversion of CLNs at a price of 3.517 pence per share.

Application has been made for a total of 2,843,678 new Ordinary Shares to be admitted to trading on the AIM Market of the London Stock Exchange. The new Ordinary Shares will rank pari passu with existing Ordinary Shares and dealings are expected to commence in the new Ordinary Shares on 1 December 2015.

Following the issue of ordinary shares as set out above, the Company's issued share capital now consists of 710,418,697 Ordinary Shares, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 710,418,697.

For further information, please contact:

 
 Oxus Gold PLC                 Tel: +44 (0) 20 7907 
  Richard Shead                 2000 
 SP Angel Corporate            Tel: +44 (0) 20 3470 
  Finance LLP                   0470 
  Ewan Leggat/Laura Harrison 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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