TIDMAHG

RNS Number : 5237Y

Athol Gold and Value Limited

01 March 2012

01 March 2012

ATHOL GOLD AND VALUE LIMITED

("Athol" or the "Company")

ISSUE OF EQUITY

The Board of Athol announces that it has today agreed an allotment of 3,662,743 new ordinary shares ("Ordinary Shares") at a price of 0.37p in settlement of the T1ps Investment Management (IOM) Limited investment management fee of GBP13,552.15 for the 3 months ended 31 December 2011.

Application will be made for 3,662,743 new Ordinary Shares in Athol, which, when issued, will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM. This is expected to be on 07 March 2012.

Following admission, the Company's enlarged issued share capital will comprise 1,138,140,737 ordinary shares with one voting right per share. The total number of voting rights in the Company is therefore 1,138,140,737.

For further information please call:

 
 
 Athol Gold Limited 
 Jennifer Allsop                     +44 7788 541744 
 
 T1ps Investment Management (IoM) 
  Ltd 
 Tom Winnifrith                      +44 1624 676848 
 
 Libertas Capital 
 Sandy Jamieson                      +44 207 569 9650 
 
 XCAP Securities plc 
 John Grant / Jon Belliss            +44 207 101 7070

This information is provided by RNS

The company news service from the London Stock Exchange

END

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