27th Feb 2008 09:00
Cluff Gold PLC27 February 2008 27 February 2008 AIM: CLF Cluff Gold plc ("Cluff" or the "Company") Placing Update On 14 February 2008, the Company announced that conditional on, inter alia, theapproval of certain resolutions by the shareholders of the Company at anExtraordinary General Meeting ("EGM") to be held at 10am on 29 February 2008(more details of which are set out in the announcement made by the Company on 14February 2008), it intended to raise up to £12.8 million before expenses, by wayof a placing, by BMO Capital Markets, WH Ireland Limited and Smith's CorporateAdvisory Limited, of up to 14,570,000 new ordinary shares of 1p each ("PlacingShares") at 88p per share (the "Placing"). The Company confirms that application has been made for the Placing Shares to beadmitted to AIM and, subject to the satisfaction of certain conditions includingdelivery of opinions and approval at the EGM, dealings in the Placing Shares areexpected to commence on 3 March 2008. A further update will be provided in due course as to the result of the EGM andthe final details of the Placing. For further information, please contact: J.G. Cluff / Charles Lutyens; Cluff Gold plc Tel: 0207 340 9790 David Youngman/Katy Mitchell; WH Ireland Limited Tel: 0161 832 2174 William Smith; BMO Capital Markets Tel: 0207 664 8120 Jonathan Martin Smith/ Tanya Chikanza; Smith's Corporate Advisory Limited Tel: 020 7239 0140 Louise Goodeve, Parkgreen Communications Tel: 020 7851 7480 www.cluffgold.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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