TSG Trans-siberian Gold Plc

TIDMTSG

RNS Number : 0571A

Trans-Siberian Gold PLC

24 May 2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATION OF SUCH JURISDICTION

24 May 2019

Trans-Siberian Gold plc

("TSG", the "Company", or the "Group")

Posting of Circular and Notice of General Meeting

Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, announces that, further to the announcement of 3 May 2019 relating to the proposed Share Buyback, a Circular has been posted to all Shareholders.

The Company is proposing to buy back 22,894,565 existing ordinary shares from two major shareholders at an attractive discount to the market price.

The Buyback is subject to approval by shareholders at a General Meeting, to be held at 11.00 on 17 June 2019 at the offices of Locke Lord, 201 Bishopsgate, London EC2M 3AB.

A copy of the Circular can be found on the Company's website at www.trans-siberiangold.com

ENDS

 
 Contacts: 
 TSG 
  Stewart Dickson                                  +44 (0) 7799 694195 
 Arden Partners plc 
  Paul Shackleton / Alex Penney (Corporate 
  Finance) 
  Tim Dainton / Fraser Marshall (Equity Sales)    +44 (0) 207 894 7000 
 Hudson Sandler (Financial PR) 
  Charlie Jack / Katerina Parker                  +44 (0) 207 796 4133 
 

About TSG

TSG is focused on low cost, high grade mining operations and stable gold production from its 100% owned Asacha Gold Mine in Far East Russia. The Group also holds the licence for the development and exploration of the Rodnikova deposit, one of the largest gold fields in South Kamchatka.

Additional information is available from the Company's website: www.trans-siberiangold.com

Market Abuse Regulations

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

Disclaimer

This announcement contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets, fluctuations in interest and/or exchange rates and metal prices; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 24, 2019 02:00 ET (06:00 GMT)

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