30th Aug 2007 07:00
Norseman Gold PLC30 August 2007 NORSEMAN GOLD PLC (the "Company" or "Norseman Gold") ISSUE OF OPTIONS As previously anticipated in the readmission document of the Company dated 29March 2007, the Company, on 30 August 2007, granted 8,000,000 options overshares in the Company exercisable from the first anniversary of the date ofgrant at a price of 10 pence per share. These options have been granted to a total of 14 Norseman Gold group employees(or, where requested, to persons nominated by them). The directors of theCompany have approved certain consequential amendments to the Company'sUnapproved Share and Share Option Plan as defined in the readmission document. The Company intends in the future to issue options up to a further 2,000,000options to further employees of the Norseman Gold group (or to persons nominatedby them). A further announcement will be made in due course when this occurs. For further information visit www.norsemangoldplc.com or contact: David Steinepreis Norseman Gold Plc 07913 402727 Romil Patel Blue Oar Securities Plc 020 7448 4400 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Norseman Gold