GoldBridges Global Resources plc ("GoldBridges" or the "Company")
Update re Placing
GoldBridges Global Resources plc (AIM: GBGR), the gold mining and development company, announces that further to the announcement dated 28 February 2014, the placing of 550,000,000 new ordinary shares at a price of 2.175p each raising £11.96m (before expenses) is expected to close shortly and in any event before 19 March 2014.
For further information, please contact:
GoldBridges Global Resources plc Rajinder Basra, FCA
+44 (0) 207 932 2456
Strand Hanson (Nomad and Joint Broker) Andrew Emmott
James Spinney
Ritchie Balmer
+44 (0) 207 409 3494
Peat & Co. (Joint Broker) John Beaumont, COO and Head of Research