1st Apr 2015 07:00
1 April 2015
Orogen Gold plc
("Orogen" or the "Company")
Significant Shareholder
Further to the Company's announcement on 27 March 2015 of the issue of 36,350,350 new ordinary shares ("New Shares") and the expected admission to AIM of the New Shares on 1 April 2015 ("Admission"), the Company announces that, following Admission, DEM Geosciences SAL ("DEM") holds 112,998,750 ordinary shares of 0.01p each in the Company, representing 3.05 per cent. of the Company's issued share capital.
Enquires:
Orogen Gold plc +353 1662 8395
Ed Slowey, CEO
Alan Mooney, FD
Cairn Financial Advisers LLP(Nominated Adviser) +44 (0) 20 7148 7900
Avi Robinson/ Liam Murray
Beaufort Securities Limited (Broker) +44 (0) 20 7382 8300
Elliot Hance
Walbrook (Public Relations and Investor Relations) +44 (0) 20 7933 8780
Paul Cornelius/ Guy McDougall
About Orogen Gold
Orogen Gold plc is a UK public company quoted on the London Stock Exchange AIM market (ticker: ORE). The Company is focused on mineral exploration and development in Europe and is currently operating two gold exploration projects: a) at Mutsk in Armenia and b) at Deli Jovan in Serbia. The Mutsk gold project in Armenia was optioned by Orogen early in 2013 to follow-up reports of a new epithermal discovery within an established gold district. At Deli Jovan the historic high-grade gold mining camp was last in production prior to World War II and has been significantly under-explored in modern times. The Mutsk project has been prioritised by the Company due to the clear potential evident on the property.
Related Shares:
Sosandar