BISHOPSGATE, LONDON / ACCESSWIRE / December 5, 2017 / In accordance with the Disclosure and Transparency Rules ("DTR"), SolGold Plc (the "Company") (OTC PINK: SLGGF) (TSX: SOLG) (LSE: SOLG) was informed by Tenstar Trading Ltd that, in fulfilment of the obligations of Rule 5 of the DTR, it continues to hold 143,206,062 ordinary shares. However, after taking into account the shares allotted and admitted to trading for the recent capital placings including the most recent "bough deal" private placement of 180,000,000 ordinary shares in the Company completed on 30 November 2017, its interest has decreased from 9.99 percent to 8.44 percent of the Company's issued share capital.
SolGold Plc (the "Company") wishes to advise that, Newcrest International Pty Ltd subscribed 26,172,000 ordinary shares in the "bought deal" private placement completed on 30 November 2017, which has further enlarged their shareholdings up to 246,634,271 ordinary shares in the Company, representing approximately 14.54% of the Company's issued share capital.
By order of the Board
Karl Schlobohm
Company Secretary
Contacts:
Mr Nicholas Mather Tel:
+61 (0) 7 3303 0665
SolGold Plc (Executive Director)
+61 (0) 417 880 448
[email protected].au
Mr Karl Schlobohm Tel:
+61 (0) 7 3303 0661
SolGold Plc (Company Secretary)
[email protected]
Mr Ewan Leggat / Mr Richard Morrison Tel:
+44 (0) 20 3470 0470
SP Angel Corporate Finance LLP (NOMAD and Broker)
[email protected] / [email protected]
Follow us on twitter @SolGold_plc
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SOURCE: SolGold Plc