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SGZ Scotgold Resources Limited

13.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Scotgold Resources Limited LSE:SGZ London Ordinary Share AU000XINEAK5 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Scotgold Resources Ltd Posting of Circular (4498X)

26/04/2023 7:00am

UK Regulatory


Scotgold Resources (LSE:SGZ)
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TIDMSGZ

RNS Number : 4498X

Scotgold Resources Ltd

26 April 2023

26 April 2023

Scotgold Resources Limited (AIM:SGZ)

("Scotgold" or the "Company")

Posting of Circular

Scotgold Resources Limited (AIM: SGZ), Scotland's first commercial gold producer, announces that further to the announcement on 21 April 2023 that the Company would provide an opportunity for existing shareholders to subscribe new Ordinary Shares through an Open Offer, a Circular will shortly be published on the Company's website, https://www.scotgoldresources.com/investors/shareholder-administration/#notifications , and will be posted to Shareholders later today.

For further information please contact:

 
 
Scotgold Resources Limited                  V ia Celicourt Communications 
 Phil Day, Chief Executive Officer 
 Sean Duffy, Chief Financial Officer 
Shore Capital Stockbrokers Limited (NOMAD 
 and Broker) 
 Toby Gibbs / John More / Tom Knibbs                     +44 207 408 4050 
Celicourt Communications (Financial PR) 
 Felicity Winkles                                        +44 774 8843 871 
 

Notes

Scotgold Resources Ltd (AIM:SGZ), is Scotland's first commercial gold producer. The Company poured first gold in November 2020 at its Cononish Gold and Silver Mine ('Cononish) in Tyndrum, Scotland and is developing it into a +23,500-ounce gold mine per annum. Cononish is a high-grade underground mining operation with a central processing plant producing gold concentrate for off-take and gold doré for the Scottish Jewellery industry. The mine has anticipated forecast operating costs of c.GBP610 per ounce in Q4 2023, which will place Cononish in the lowest quartile of gold mining operations globally.

It is Scotgold's vision to build a mid-tier gold mining company in Scotland with multiple operations in the country that enhance the local environment and economy in ways that have an enduring positive impact.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

April 26, 2023 02:00 ET (06:00 GMT)

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