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Issue of Equity

29th May 2008 10:14

RNS Number : 4853V
Norseman Gold PLC
29 May 2008
 



Norseman Gold plc / Epic: NGL / Index: AIM / Sector: Mining & Exploration

NORSEMAN GOLD PLC

("Norseman Gold" or the "Company")

Issue of equity

 

Norseman Gold, the AIM listed Australian gold production company, announces that, pursuant to an amendment to the satisfaction of a debt letter to one of its key personnel, the Company has issued 100,000 shares, thereby releasing the Company from any debt owing. These shares will be subject to the Lock-In Agreement dated 29 March 2007.

The Company will apply for the shares to be admitted to trading on AIM. Following admission the Company will have 79,890,000 ordinary shares in issue. 

* * ENDS * *

 

For further information visit www.norsemangoldplc.com or contact:

David Steinepreis Norseman Gold Plc Tel: 44 7913 402 727

Olly Cairns Blue Oar Securities Plc Tel: +61 (0) 8 6430 1631

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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