🕐15.12.10 - 13:27 Uhr
Noricum Gold Limited - Result of Special General Meeting to Approve Acquisition of Austrian High Grade Gold Assets and Admission to AIM
Noricum Gold Limited / EPIC: NMGP / Sector: Natural Resources
15 December 2010
Noricum Gold Limited (Noricum Gold or the Company)
Result of Special General Meeting
Noricum Gold Limited, established to make strategic investments primarily in gold and gold related entities, is pleased to announce that at the Special General Meeting (SGM) of the Company, held today, all resolutions were duly passed.
At the SGM, shareholders approved the following:
The acquisition of the entire issued share capital of Kibe Investments No.
2 Limited (Kibe) by Noricum Gold.
Kibe owns exploration licences covering over 54 sq km of highly prospective land in south-central Austria, including the previously operating gold/copper/silver Rotgulden mine;
The raising of 2,120,000 by way of placing 52,899,478 shares at 4p per share;
The removal of the par value of Noricum Golds shares so that there are no par value shares and to remove the limit on the number of shares the Company is authorised to issue and to adopt the amended and restated memorandum and articles of association more suited to a company listed on the AIM; and
The cancellation of the existing shares from trading on PLUS and the admission of the enlarged issued share capital to trading on AIM.
Further to approval from shareholders at the SGM, the Company has issued 453,899,478 shares bringing the enlarged issued share capital of the Company to 497,234,156 shares.
The Board considers the admission of Noricum Golds enlarged issued share capital to AIM and the withdrawal from trading on PLUS as the next step in the Companys growth and in line with this, Noricum Gold expects to withdraw from PLUS at the close of trading on 16 December 2010 and commence trading on AIM on 17 December 2010.
The Expected Timetable of Principal Events is as follows:
Cancellation of trading on PLUS of the Existing Shares
4.30 p.m.
on 16 December 2010
Admission of the Enlarged Share Capital and dealings expected to commence on AIM
8.00 a.m.
on 17 December 2010
CREST accounts credited
23 December 2010 or as soon as reasonably practicable thereafter
Dispatch of definitive certificates
As soon as reasonably practicable thereafter.
**ENDS**
For further information please visit www.noricumgold.com or contact:
Greg Kuenzel
Noricum Gold Ltd
Tel: 020 3326 1726
Gerard Thompson
City & Westminster Corporate Finance LLP
Tel: 020 7766 0080
Roland Cornish
Beaumont Cornish Limited
Tel: 020 7628 3396
James Biddle
Beaumont Cornish Limited
Tel: 020 7628 3396
Hugo de Salis
St Brides Media & Finance Ltd
Tel: 020 7236 1177
Elisabeth Cowell
St Brides Media & Finance Ltd
Tel: 020 7236 1177
Elisabeth Cowell
St Brides Media & Finance Ltd
Chaucer House
38 Bow Lane
London EC4M 9AY
T: +44 (0) 207 236 1177 | M: +44 (0) 7900 248 213 | F: +44 (0) 207 236 1188 | www.sbmf.co.uk
Products & Services | Jobs
|