GoldBridges Global Resources PLC Further Update re Placing (8521B)

TIDMGBGR

RNS Number : 8521B

GoldBridges Global Resources PLC

10 March 2014

GoldBridges Global Resources plc

("GoldBridges" or the "Company")

Further Update re Placing

GoldBridges Global Resources plc (AIM: GBGR), the gold mining and development company, announces that further to the announcements dated 28 February 2014 and 5 March 2014, the placing of 550,000,000 new ordinary shares at a price of 2.175p each raising GBP11.96m (before expenses) (the "Placing Shares") (the "Placing") has now closed. The Placing Shares will be admitted to trading on AIM tomorrow, 11 March 2014.

Total Voting Rights

As previously announced, the total number of voting rights in the Company following the Placing will be 2,211,342,130. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. The Company has no Ordinary Shares held in treasury.

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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