Lionsgold Limited Issue of Equity (8223Y)
December 08 2017 - 5:35AM
UK Regulatory
TIDMLION
RNS Number : 8223Y
Lionsgold Limited
08 December 2017
Lionsgold Limited
("Lionsgold", "LION" or the "Company")
Issue of Equity and Total Voting Rights
Lionsgold (LON: LION), the AIM quoted company focused on the
exploration, production and retail application of physical gold,
including the development of the Goldbloc digital currency,
announces that it has received notices of exercise in respect of
warrants to subscribe for 8,613,634 new ordinary shares of no par
value each ("Ordinary Shares") at a price of 1.5p per share and
454,545 Ordinary Shares at 2.2p per share (together, the "Warrant
Shares").
The Company will therefore issue and allot 9,068,179 Warrant
Shares as well as 5,000,000 new Ordinary Shares to be issued to
Alan Davies, LION's new Global Strategy Consultant, as described in
the announcement dated 8 November 2017 (the "Consultancy
Shares").
Application will be made for 14,068,179 new Ordinary Shares to
be admitted to trading on AIM, which is expected to take place on
14 December 2017.
Total Voting Rights
In accordance with the provisions of the Disclosure Guidance and
Transparency Rules of the FCA ("DTRs"), the issued ordinary share
capital of Lionsgold following the issue of the Warrant Shares and
the Consultancy Shares as well as the first tranche of the Placing
Shares (as defined in the announcement on 30 November 2017) which
will be issued on 13 December 2017, there shall be 295,779,898
Ordinary Shares with voting rights attached (one vote per share).
There are no shares held in treasury. This total voting rights
figure may be used by shareholders as the denominator for the
calculation by which they will determine whether they are required
to notify their interest in, or a change to their interest in,
Lionsgold under the DTRs.
Enquiries:
Lionsgold Limited Tel: +44 (0)20 3778 0578
Cameron Parry (Chief Executive Officer)
WH Ireland Limited (Nominated Adviser) Tel: +44 (0)113 394 6600
Tim Feather/Ed Allsopp
Smaller Company Capital Limited (Joint Broker) Tel: +44 (0)20 3651 2911
Rupert Williams / Jeremy Woodgate
Beaufort Securities Limited (Joint Broker) Tel: +44 (0)20 7382 8300
Elliot Hance
Tavistock (Financial PR) Tel: +44 (0) 20 7920 3150
Edward Lee
About LIONSGOLD Limited (LON: LION)
Lionsgold is a London Stock Exchange AIM market quoted,
gold-focused company involved in the exploration, production and
retail application of physical gold, with gold assets in India and
Finland and a majority owned financial technology company
developing the digital gold currency, Goldbloc.
Lionsgold's three core focuses are:
-- Strategic partnership with leading India gold exploration and
mine development company, Geomysore, in which Lionsgold holds
21.15%;
-- Majority ownership of a financial technology platform
providing online accounts for people to hold and utilise physical
gold (www.goldbloc.com / www.indexgold.com /
www.therealasset.co.uk); and
-- Gold exploration and production in Central Eastern Finland.
This information is provided by RNS
The company news service from the London Stock Exchange
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