SolGold PLC Bought Deal Private Placement (8943X)
30 November 2017 - 3:04AM
UK Regulatory
TIDMSOLG
RNS Number : 8943X
SolGold PLC
29 November 2017
29 November 2017
SolGold plc
("SolGold" or the Company")
Admission to the Official List (by way of a Standard
Listing)
& to trading on the London Stock Exchange's main market for
listed securities
GBP45 MILLON "BOUGHT DEAL" PRIVATE PLACEMENT OF ORDINARY
SHARES
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR
DISSEMINATION TO UNITED STATES
SolGold plc (LSE and TSX code: SOLG) is pleased to announce that
application has been made for 180,000,000 ordinary shares in
SolGold to be admitted to the Official List, by way of a Standard
Listing, and to trading on the Main Market. Dealings in the
Ordinary Shares are expected to commence at 8.00 a.m. on 30
November 2017.
CONTACTS
Mr Nicholas Mather Tel: +61 (0)
SolGold Plc (Executive Director) 7 3303 0665
nmather@solgold.com.au +61 (0) 417
880 448
Mr Karl Schlobohm Tel: +61 (0)
SolGold Plc (Company Secretary) 7 3303 0661
kschlobohm@solgold.com.au
Mr Ewan Leggat / Richard Morrison Tel: +44 (0)
SP Angel Corporate Finance LLP 20 3470 0470
(NOMAD and Broker)
Ewan.leggat@spangel.co.uk /
richard.morrison@spangel.co.uk
Follow us on twitter @SolGold_plc
ABOUT SOLGOLD
SolGold is a Brisbane, Australia based, dual LSE and TSX--listed
(SOLG on both exchanges) copper gold exploration and future
development company with assets in Ecuador, Solomon Islands and
Australia. SolGold's primary objective is to discover and define
world--class copper--gold deposits. The Board and Management Team
have substantial vested interests in the success of the Company as
shareholders as well as strong track records in the areas of
exploration, mine appraisal and development, investment, finance
and law. SolGold's experience is augmented by state of the art
geophysical and modelling techniques and the guidance of porphyry
copper and gold expert Dr Steve Garwin.
CAUTIONARY NOTICE
News releases, presentations and public commentary made by
SolGold and its Officers may contain certain statements and
expressions of belief, expectation or opinion which are forward
looking statements, and which relate, inter alia, to
interpretations of exploration results to date and the Company's
proposed strategy, plans and objectives or to the expectations or
intentions of the Company's Directors. Such forward-looking and
interpretative statements involve known and unknown risks,
uncertainties and other important factors beyond the control of the
Company that could cause the actual performance or achievements of
the Company to be materially different from such interpretations
and forward-looking statements. Accordingly, the reader should not
rely on any interpretations or forward-looking statements; and save
as required by the exchange rules of the TSX and LSE or by
applicable laws, the Company does not accept any obligation to
disseminate any updates or revisions to such interpretations or
forward-looking statements. The Company may reinterpret results to
date as the status of its assets and projects changes with time
expenditure, metals prices and other affecting circumstances.
This release may contain "forward-looking information" within
the meaning of applicable Canadian securities legislation.
Forward-looking information includes, but is not limited to,
statements regarding the Company's plans for developing its
properties. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking information in this news release
includes, but is not limited to, the use of proceeds of the
Offering; the timing and ability of the Company, if at all, to
obtain final approvals of the Offering from the LSE and the TSX, an
exemption being available under MI 61-101 from the minority
shareholder approval and valuation requirements for each related
party transaction; objectives, goals or future plans; statements
regarding exploration results and exploration plans.
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to:
transaction risks; general business, economic, competitive,
political and social uncertainties; future prices of mineral
prices; accidents, labour disputes and shortages and other risks of
the mining industry. Although the Company has attempted to identify
important factors that could cause actual results to differ
materially from those contained in forward-looking information,
there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that
such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not
undertake to update any forward-looking information, except in
accordance with applicable securities laws.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 29, 2017 11:04 ET (16:04 GMT)
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