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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lionsgold | LSE:LION | London | Ordinary Share | GG00B3M9KL68 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.65 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMLION
RNS Number : 8223Y
Lionsgold Limited
08 December 2017
Lionsgold Limited
("Lionsgold", "LION" or the "Company")
Issue of Equity and Total Voting Rights
Lionsgold (LON: LION), the AIM quoted company focused on the exploration, production and retail application of physical gold, including the development of the Goldbloc digital currency, announces that it has received notices of exercise in respect of warrants to subscribe for 8,613,634 new ordinary shares of no par value each ("Ordinary Shares") at a price of 1.5p per share and 454,545 Ordinary Shares at 2.2p per share (together, the "Warrant Shares").
The Company will therefore issue and allot 9,068,179 Warrant Shares as well as 5,000,000 new Ordinary Shares to be issued to Alan Davies, LION's new Global Strategy Consultant, as described in the announcement dated 8 November 2017 (the "Consultancy Shares").
Application will be made for 14,068,179 new Ordinary Shares to be admitted to trading on AIM, which is expected to take place on 14 December 2017.
Total Voting Rights
In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the FCA ("DTRs"), the issued ordinary share capital of Lionsgold following the issue of the Warrant Shares and the Consultancy Shares as well as the first tranche of the Placing Shares (as defined in the announcement on 30 November 2017) which will be issued on 13 December 2017, there shall be 295,779,898 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Lionsgold under the DTRs.
Enquiries:
Lionsgold Limited Tel: +44 (0)20 3778 0578 Cameron Parry (Chief Executive Officer) WH Ireland Limited (Nominated Adviser) Tel: +44 (0)113 394 6600 Tim Feather/Ed Allsopp Smaller Company Capital Limited (Joint Broker) Tel: +44 (0)20 3651 2911 Rupert Williams / Jeremy Woodgate Beaufort Securities Limited (Joint Broker) Tel: +44 (0)20 7382 8300 Elliot Hance Tavistock (Financial PR) Tel: +44 (0) 20 7920 3150 Edward Lee
About LIONSGOLD Limited (LON: LION)
Lionsgold is a London Stock Exchange AIM market quoted, gold-focused company involved in the exploration, production and retail application of physical gold, with gold assets in India and Finland and a majority owned financial technology company developing the digital gold currency, Goldbloc.
Lionsgold's three core focuses are:
-- Strategic partnership with leading India gold exploration and mine development company, Geomysore, in which Lionsgold holds 21.15%;
-- Majority ownership of a financial technology platform providing online accounts for people to hold and utilise physical gold (www.goldbloc.com / www.indexgold.com / www.therealasset.co.uk); and
-- Gold exploration and production in Central Eastern Finland.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
December 08, 2017 06:35 ET (11:35 GMT)
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