SolGold plc
Thursday, October 11, 2018 - 2:31 AM EDT

Exercise of Options



Bishopsgate, London (FSCwire) - The Board of SolGold plc (SolGold or the Company) wishes to advise of the allotment and issue of 19,591,768 new ordinary shares as a result of the exercise of share options, half exercisable at 14p and half exercisable at 28p, pursuant to the agreement with Maxit Capital LP as announced on 1 August 2016.

 

Application has been made to the London Stock Exchange Main Market and admission is expected on or around 16 October 2018.

 

Following the exercise of these options, the Company now has on issue a total of 1,716,387,454 fully paid ordinary shares, 21,450,000 options exercisable at 28p, 21,250,000 options exercisable at 40p and 47,012,000 options exercisable at 60p.

 

By order of the Board

Karl Schlobohm

Company Secretary

 

CONTACTS

Mr Nicholas Mather

Tel: +61 (0) 7 3303 0665

SolGold Plc (Chief Executive Officer)

+61 (0) 417 880 448

nmather@solgold.com.au

 

 

 

Mr Karl Schlobohm

Tel: +61 (0) 7 3303 0661

SolGold Plc (Company Secretary)

 

kschlobohm@solgold.com.au

 

 

 

Ms Anna Legge

Tel: +44 (0) 20 3823 2131

SolGold Plc (Corporate Communications)

 

alegge@solgold.com.au

 

 

 

Gordon Poole / Nick Hennis

Tel: +44 (0) 20 3757 4997

Camarco (Financial PR / IR)

 

solgold@camarco.co.uk

 

 

 

Andrew Chubb / Ingo Hofmaier

Tel: +44 (0) 20 7907 8500

Hannam & Partners (Joint Broker)

 

solgold@hannam.partners

 

 

Follow us on twitter @SolGold_plc

 

ABOUT SOLGOLD

 

SolGold is a leading exploration company focussed on the discovery and definition of world-class copper and gold deposits.  In 2017 SolGold's management team was recognised by the “Mines and Money” Forum as an example of excellence in the industry, and continue to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt.

 

Please see the associated PDF to view the announcement in full.

http://www.rns-pdf.londonstockexchange.com/rns/7050D_1-2018-10-11.pdf

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/solgold10112018.pdf



Source: SolGold plc (TSX:SOLG, LSE:SOLG, OTC Pink:SLGGF)

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