Mr. Karl Schlobohm reports
EXERCISE OF OPTIONS
Solgold PLC has allotted and issued 19,591,768 new ordinary shares as a result of the exercise of share options, half exercisable at 14 pence and half exercisable at 28 pence, pursuant to the agreement with Maxit Capital LP as announced on Aug. 1, 2016.
Application has been made to the London Stock Exchange Main Market and admission is expected on or around Oct. 16, 2018.
Following the exercise of these options, the company now has on issue a total of 1,716,387,454 fully paid ordinary shares, 21.45 million options exercisable at 28 pence, 21.25 million options exercisable at 40 pence and 47,012,000 options exercisable at 60 pence.
About Solgold PLC
Solgold is a leading exploration company focused on the discovery and definition of world-class copper and gold deposits. In 2017 Solgold's management team was recognized by the "Mines and Money" forum as an example of excellence in the industry, and continue to strive to deliver objectives efficiently and in the interests of shareholders. Solgold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean copper belt.
© 2019 Canjex Publishing Ltd. All rights reserved.