Business
Result of General Meeting and Completion of Pla...
Result of General Meeting and Completion of Pla....
About this update from Goldplat Plc
[{"type":"text","content":"\n \n\n\n\n\n Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration\n 29 December 2010\n Goldplat plc ('Goldplat' or 'the Company')\n  Result of General Meeting and completion of Placing\n\nGoldplat plc, the AIM listed gold producer, is pleased to announce that the\nresolutions proposed at the Company's General Meeting today, to approve the\nPlacing of £5.5m which was announced on 13 December 2010, were duly passed.\n The Placing Shares will rank pari passu in all respects with the Company's\nexisting ordinary shares in issue.  Following admission to trading on AIM, which\nis due to take place at 8 a.m. on 30 December 2010, the Company's total issued\nshare capital will be 167,120,000 ordinary shares. The Placing shares will\nrepresent 32.9% of the enlarged issued share capital of the Company.\n\n * * ENDS * *\nFor further information visitwww.goldplat.com or contact:\nDemetri  Manolis, CEO Goldplat plc Tel: +27 (0) 11 423 1203\n\nJames Joyce WH Ireland Limited Tel: +44 (0) 20 7220 1666\n\nFelicity Edwards St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177\n\nHugo de Salis St Brides Media & Finance Ltd Tel: +44 (0)20 7236 1177\n\n\nNotes\nGoldplat plc is an AIM-listed gold producer with operations in Africa.  Its\nstrategy is to consolidate its position as a gold producer in Africa and build\nitself into a mid-tier gold company.\nThe Company has two recovery businesses based in South Africa and Ghana, which,\nby safely disposing mining by-products, fulfil an important aspect of the mines'\nenvironmental management programmes.  The South African plant is located near\nthe centre of the East Rand Goldfield and raw material feedstocks are sourced\nfrom many of the major South African mining companies, including AngloGold\nAshanti, Goldfields, Harmony, DRD Gold and other smaller producers.  The Ghana\nplant, located in the free port of Tema, provides access to raw materials from\nmines in Mali, Guinea, Burkina Faso, Benin, Cote D'Ivore, Senegal, the DRC and\nMauritania, as well as Ghana.\nGoldplat's strategy is to build itself into a mid-tier gold producer, through\nthe acquisition of known deposits with targets of between 200,000 and one\nmillion contained ounces.  Kilimapesa Gold is a wholly owned subsidiary of\nGoldplat and is developing the potenti...