Oxus Gold PLC

Published : November 28th, 2014

Issue of Equity

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Keywords :   Gold | London |

Issue of Equity



Oxus Gold plc

Issue of Equity

Oxus Gold plc ("Oxus" or the "Company"), is pleased to announce that it has raised approximately £50,000 (net of fees and costs) following a subscription for new ordinary shares in the Company by Darwin Strategic Limited ("Darwin"). The subscription for new ordinary shares was made by Darwin on 28 November 2014 pursuant to the terms of the Equity Financing Facility Agreement (as announced on 13 March 2013 and extended on 28 August 2014) and at a gross price per share of 2.10p.

Following the subscription for new ordinary shares by Darwin as set out above, the Company has issued and allotted, conditional on admission to trading on AIM, 2,574,003 new ordinary shares of 1p each to Darwin.

The new ordinary shares will rank pari passu in all respects with the existing ordinary shares of 1p each in Oxus.

Application has been made to the London Stock Exchange for 2,574,003 shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that trading in the new Oxus shares will commence on or around 4 December 2014.

Following Admission, the Company's enlarged issued share capital will comprise 534,940,146 ordinary shares with voting rights.

For further information, please contact:

Oxus Gold PLC

Richard Shead

Tel: +44 (0) 20 7907 2000

SP Angel Corporate Finance LLP

Ewan Leggat / Emmy Bridgen

Tel: +44 (0) 20 3470 0470


This information is provided by RNS
The company news service from the London Stock Exchange
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Oxus Gold PLC

PRODUCER
CODE : OXS.L
ISIN : GB0030632714
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Oxus Gold is a gold producing company based in United kingdom.

Oxus Gold produces gold, copper, lead, silver and zinc in Uzbekistan, develops gold in Kyrgyzstan and in Uzbekistan, and holds various exploration projects in Kazakhstan.

Its main assets in production are AMANTAYTAU - OXIDE, KHANDIZA and AMANTAYTAU - SULPHIDE in Uzbekistan, its main assets in development are ARISTANTAU in Uzbekistan and JEROOY in Kyrgyzstan and its main exploration properties are TAMDYTAUSKAYA - BALPANTAU SOUTH and AYIRAKSKAYA BALPANTAU NORTH in Uzbekistan and ASAUKAK in Kazakhstan.

Oxus Gold is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is GBX 3.0 billions as of today (US$ 4.5 billions, € 4.0 billions).

Its stock quote reached its highest recent level on December 12, 2003 at GBX 92.50, and its lowest recent point on December 30, 2011 at GBX 0.65.

Oxus Gold has 710 419 968 shares outstanding.

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Nominations of Oxus Gold PLC
2/10/2006Appointment of non-executive director
Corporate news of Oxus Gold PLC
10/14/2015Convertible loan agreement
10/14/2015Half Yearly Report
7/21/2015Issue of Equity
7/21/2015Result of AGM
11/28/2014Issue of Equity
10/31/2014Total Voting Rights
3/25/2014Issue of Equity
3/18/2014Conversion of CLNs and Issue of Equity
2/22/2006Jerooy project status update
2/3/2006News Release
2/2/2006Talas Gold Mining Company/Jerooy Mine factual chronology
2/2/2006Requests transparency in Jerooy license negotiations
1/5/2006Status of Jerooy licence
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LSE (OXS.L)FRANKFURT (OXU.F)
4.16-5.45%0.034-42.37%
LSE
GBX 4.16
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Volume 1 month var.
11,035,624 33.12%
24hGold TrendPower© : -18
Produces Copper - Gold - Lead - Silver - Zinc
Develops Gold
Explores for Gold
 
 
 
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