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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Norseman | LSE:NGL | London | Ordinary Share | GB00B2N7FW85 | ORD 1.25P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.575 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNGL
RNS Number : 1309Z
Norseman Gold PLC
12 March 2012
Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration
12 March 2012
ASX:NGX
AIM:NGL
NORSEMAN GOLD PLC
("Norseman Gold" or "the Company")
Placing Update
Further to the announcement of 16 February 2012, Norseman Gold Plc ("Norseman" or "Company") is pleased to announce that it has lodged a secondary trading prospectus in Australia. This prospectus is required to allow the trading of the shares to be issued in relation to the proposed issue of 50,000,001 new ordinary shares of 1.25 pence each in the Company at an issue price of 6 cents per share ("Placing Shares").
A notice of general meeting has also been sent to shareholders, convening a meeting for 10.00am WST (2:00am UTC) on 30 March 2012 ("the General Meeting") at which a resolution will be proposed to ratify the issue of the Placing Shares and the corporate changes and restructure as announced on 16 February 2012 and update on 1 March 2012.
Application has been made for the Placing Shares to be admitted to trading on AIM with effect from 16 March 2012. Following admission of the Placing Shares, the Company will have a total of 408,202,223 ordinary shares of 1.25 pence each in issue.
For further information visit www.norsemangoldplc.com, email investors@ngold.com.au or contact:
David Steinepreis, Norseman Gold Plc. Tel: +44 (0) 7913402727
William Vandyk / Rod Venables, Northland Capital Partners Ltd Tel: 020 7796 8800
Guy Wilkes, Ocean Equities Ltd Tel: 020 7786 4370
Susie Geliher / Hugo de Salis, St Brides Media & Finance Ltd Tel: 020 7236 1177
Notes:
Norseman Gold plc is an AIM and ASX listed Australian gold production company, which operates the 2,360 sq km Norseman Gold Project, Australia's longest continually running gold operation. Located in the Eastern Goldfields of Western Australia in the highly prospective Norseman-Wiluna greenstone belt, the project currently has a total resource inventory of 3.4 million ounces of gold at an average grade of 4.7 g/t.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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