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Patagonia Gold Announces Exercise of Options
TORONTO, April 30, 2013 /CNW/ - Patagonia Gold Plc (TSX: PAT, AIM: PGD) today announced t...
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[{"type":"text","content":"\n\n\n\n\n\nTORONTO, April 30, 2013 /CNW/ - Patagonia Gold Plc (TSX: PAT, AIM: PGD) today announced that, following the exercise of\n share options, application has been made for the admission of 900,000\n ordinary shares of one pence each in the Company (\"New Ordinary\n Shares\") to trading on AIM.\n\n\nThe New Ordinary Shares will rank pari passu with existing ordinary shares and will represent 0.105 per cent of the\n Company's issued ordinary share capital. It is expected that admission\n will occur at 8 am on May 7, 2013.\n\n\nFollowing admission of the New Ordinary Shares, the total number of\n voting rights in the Company's ordinary shares will be 855,477,565.\n Patagonia Gold does not hold any ordinary shares in treasury.\n\n\nThe aforementioned figure of 855,477,565 ordinary shares may be used by\n shareholders in the Company as the denominator for the calculations by\n which they will determine if they are required to notify their interest\n in, or a change to their interest in, Patagonia Gold under the\n Financial Conduct Authority's Disclosure and Transparency Rules.\n\n\nAbout Patagonia Gold \n\n\nPatagonia Gold Plc is a mining company that seeks to grow shareholder\n value through exploration, development and production of gold and\n silver projects in the southern Patagonia region of Argentina. The\n Company is primarily focused on three projects: the flagship Cap-Oeste\n project, the nearby COSE project and the Lomada heap leach project,\n which is generating free cash flow. Patagonia Gold, indirectly through\n its subsidiaries or under option agreements, has mineral rights to over\n 220 properties in several provinces of Argentina and Chile, and is one\n of the largest landholders in the province of Santa Cruz.\n\n\nPatagonia Gold is listed on the AIM market of the London Stock Exchange\n under the symbol PGD and on the Toronto Stock Exchange (TSX) under the\n symbol PAT.\n\n\nSOURCE: Patagonia Gold plc\n\n\n Bill Humphries / Nigel Everest Patagonia Gold Plc Tel: +44 (0)20 7409 7444 Colin Languedoc Barnes Communications Inc. Tel: +1 (416) 367-5000 Angela Hallett/James Spinney Strand Hanson Ltd Tel: +44 (0)20 7409 3494 Rory Scott Mirabaud Securities LLP Tel: +44 (0)20 7484 3510 David Bick / Mark Longson Square 1 Consulting +44 (0)20 7929 5599 www.patagoniagold.com \n","length":2833,"tagName":"div"}]