GGG shares to commence trading on the ASX
May 17 2011 - 4:11AM
UK Regulatory
TIDMGGG
GGG Resources plc
GGG Resources plc's shares to commence trading on the ASX
Western Australia-focused resources company, GGG Resources plc (the "Company")
was admitted to the official list of ASX Limited on 17 May 2011.
Shares in the Company (in the form of CHESS Depositary Interests ("CDIs")) will
be quoted and commence trading on the Australian Securities Exchange ("ASX") on
Thursday 19 May 2011 at 12:30pm EST (10:30 WST) under the stock ticker code
GGB.
The Company's shares currently trade on the London Stock Exchange's AIM market
(stock ticker code GGG).
The Company, which recently raised A$8.129M under its Australian prospectus
offering, now has better access to potential additional equity funding sources.
The Company considers this to be important for the continued fast-track
advancement of its interest in the Bullabulling Gold Project in Western
Australia.
Upon quotation of the CDIs, the total number of shares in the capital of the
Company on issue will be 165,746,090, of which 20,322,500 shares will trade as
CDIs on the ASX.
Bullabulling is a former open pit gold mine which the Company is developing
into a producing mine. It is located near to Perth, Western Australia, with the
property straddling the main Kalgoorlie highway.
Bullabulling's geology is characterised by low grade and bulk tonnage types of
deposit amenable to open pit mining.
An upgrade on its current JORC Code compliant Inferred Resource of 1.98M ounces
of gold, is expected to be reported to shareholders before the end of June.
Contacts:
David McArthur David Brook
GGG Resources plc (Australia) Professional Public Relations (Australia
media)
41 Stirling Highway
T: +61 8 9388 0944/ +61 433 112 936
Nedlands, WA 6009
E: david.brook@ppr.com.au
Australia
Tel: +61 8 9423 3200
Dr. Jeffrey Malaihollo Westhouse Securities Limited (UK Nominated
Adviser)
MD, GGG Resources plc (UK)
Tom Price / Martin Davison
Tel: + 44 1992 531820
Tel: + 44 20 7601 6100
Email: www.gggresources.com
Neil Boom Collins Stewart Europe Limited (Broker)
MD, Gresham PR Ltd (UK). John Prior / Adam Miller
Tel: + 44 7866 805 108 Tel: + 44 20 7523 8350
END
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