GoldBridges Global Resources PLC Update re Placing (5340B)

TIDMGBGR

RNS Number : 5340B

GoldBridges Global Resources PLC

05 March 2014

5 March 2014

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 GBP11.96m (before expenses) is expected to close shortly and in any event before 19 March 2014.

For further information, please contact:

 
GoldBridges Global Resources plc             +44 (0) 207 932 
  Rajinder Basra, FCA                          2456 
 Strand Hanson (Nomad and Joint Broker) 
  Andrew Emmott 
  James Spinney                               +44 (0) 207 409 
  Ritchie Balmer                               3494 
                                              +44 (0) 203 540 
                                               1720 
 Peat & Co. (Joint Broker)                     +44 (0) 203 540 
  John Beaumont, COO and Head of Research      1723 
 Blythe Weigh Communications (Financial PR) 
  Tim Blythe 
  Halimah Hussain                             +44 (0) 207 138 
  Camilla Horsfall                             3204

This information is provided by RNS

The company news service from the London Stock Exchange

END

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