22nd Oct 2007 11:28
China Goldmines PLC22 October 2007 22 October 2007 China Goldmines plc Extraordinary General Meeting China Goldmines plc ("China Goldmines"), the gold resources company focussed onthe discovery and development of gold projects in the Hunan Province of Chinaannounces that all the resolutions proposed at the Extraordinary General Meeting of the Company held today, 22 October 2007 (the "EGM"), were approved byshareholders, and that the Placing Shares have been allotted by the Board,conditional on Admission. Following the passing of the resolutions at the EGM and the allotment by theBoard, the Placing to raise approximately £30 million is unconditional, savefor Admission, and dealings are expected to commence on 23 October 2007. Commenting on the Placing, Frank Vanspeybroeck (CEO), said "Completion of thePlacing entitles China Goldmines to secure the transfer of the eight gold minesat the Guanzhuang Project and also provides the Company with the facility toinvest in the consolidation and development of the existing mining activities". For additional information: China Goldmines plcFrank Vanspeybroeck (CEO) Mobile: +61 41 116 6276Alec Worrall +44 207 788 7621Marinko Vidovich (CFO) Mobile: +61 41 997 4744Changsha Office +86 731 515 8211 Brewin Dolphin Limited(Nominated Adviser)Alan Stewart (Corporate Finance) +44 141 221 7733 Parkgreen CommunicationsJustine Howarth +44 20 7851 7480Erica Nelson This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
CGM.L