26th Sep 2006 10:48
Allied Gold Limited26 September 2006 FOR IMMEDIATE RELEASE 26 September 2006 ALLIED GOLD LIMITED ("Allied" or the "Company") IDENTITY OF UNDISCLOSED SUBSCRIBER On 25 September 2006, Allied Gold Limited announced that it had entered into aMemorandum of Understanding with an undisclosed Subscriber whereby, subject tocertain conditions the Subscriber has agreed to subscribe for 30,213,471 fullypaid ordinary shares, representing 10% of the fully diluted issued capital ofAllied, at an issue price of not less than AUD$0.60 per share or at such higherprice as agreed by the parties. An article appeared in the West Australian Newspaper of 26 September 2006, whichspeculates that the identity of the undisclosed Subscriber is the Zijin MiningGroup. ALD would like to confirm that the Subscriber is in fact Zijin Mining Group CO.Ltd. For enquiries in connection with this release please contact: Mark Caruso Chairman and Managing Director Allied Gold Limited +61 8 9353 3638 telephone +61 8 9353 4894 fax [email protected] email This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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