5th May 2009 10:34
For immediate release 5 May 2009
ALLIED GOLD LIMITED ("ALLIED" OR "THE COMPANY")
DIRECTORS DEALINGS
The Company announces that, on 4 May 2009, a director of the Company, Mr Mark Caruso, purchased 150,000 fully paid ordinary shares in the Company on market at a price of $0.30.
Following the purchase, Mr Caruso holds:
7,585,193 Ordinary Fully Paid Shares held both directly and indirectly in the Company representing a holding of 1.6% of the Company's issued share capital.
3,400,000 Unlisted Options exercisable at $0.45 on or before 31 December 2009.
4,750,000 Unlisted Options exercisable at $0.35 on or before 31 October 2011 vesting immediately.
2,250,000 Unlisted Options exercisable at $0.35 on or before 31 October 2011, vesting upon the 100,000th ounce of gold produced between 1 October 2008 and 31 December 2009.
3,000,000 Unlisted Options exercisable at $0.35 on or before 31 October 2011, vesting upon when the Company's Share price trades at greater than $0.70 for 5 consecutive trading days.
For more information:
|
Mark Caruso Executive Chairman |
T:+61 7 3259 9725 |
|
Roland Cornish Beaumont Cornish Limited |
T: +44 (0) 20 7628 3396 |
Related Shares:
ALD.L