| Thu 15 Jul 2010, 7:06 | | GDO - Gold One International Limited - Explanatory Note - Appendix 3B - New |
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GDO
GDO
GDO - Gold One International Limited - Explanatory Note - Appendix 3B - New
Issue Announcement
Gold One International Limited
(Previously BMA Gold Limited)
Registered in Western Australia under the Corporations Act, 2001
(Cth)(Registration number ACN: 094 265 746)
Registered as an external company in the Republic of South Africa
(Registration number: 2009/000032/10)
Share code on the ASX/JSE: GDO
ISIN: AU000000GDO5
OTCQX International: GLDZY
("Gold One" or the "company")
EXPLANATORY NOTE - APPENDIX 3B - NEW ISSUE ANNOUNCEMENT
Gold One has today filed an Appendix 3B announcing the issue of 373,348 new
ordinary shares and 414,700 unlisted share options.
The new shares consist of two tranches, namely:
- 267,550 shares issued at ZAR1.87 (A$0.28) being a part payment in
reduction of the purchase consideration of Gold One Mozambique Limitada
(formerly Noble Trade and Commerce Limitada) the holder of the mining
concession at Tulo in Mozambique, The full purchase consideration is
ZAR6,000,000 (A$903,615) of which ZAR4,000,000 (A$602,410) has been paid
to date. The balance is payable by way of four further instalments of
ZAR500,000 (A$75,301) each payable every six months.
- 105,798 shares issued at ZAR1.35 (A$0.20) on the exercise by an employee
of 105,798 share options granted to him in December 2008.
The 414,700 unlisted share options have been issued in terms of the Gold One
International Share Incentive Scheme approved by shareholders on 26 August
2009 and have been allocated to three new senior employees who have recently
been appointed at the company`s Modder East Operations.
Johannesburg
15 July 2010
JSE Sponsor
Macquarie First South Advisers (Pty) Limited
Issued by Gold One International Limited
Website: www.gold1.co.za
For further information contact:
Neal Froneman Ilja Graulich
President and CEO VP: Corporate Affairs
+27 11 726 1047 (office) +27 11 726 1047 (office)
+27 83 628 0226 (mobile) +27 83 604 0820 (mobile)
neal.froneman@gold1.co.za ilja.graulich@gold1.co.za
Derek Besier Carol Smith
Farrington National Sydney Investor Relations
+61 2 9332 4448 (office) +27 11 726 1047 (office)
+61 421 768 224 (mobile) +27 82 338 2228 (mobile)
Derek.besier@farrington.com.au carol.smith@gold1.co.za
About Gold One:
Gold One is a gold producer listed on the financial markets operated by ASX
Limited (the Australian Securities Exchange) and JSE Limited (the Johannesburg
Stock Exchange) issuer code `GDO`. Its flagship operation is the newly built
shallow Modder East mine on the East Rand, some 30 kilometres from
Johannesburg. Modder East is the first new mine to be built in the region in
28 years and distinguishes itself from most of the other gold mines in South
Africa, due to its shallow nature (300 metres to 500 metres below surface),
having to date provided direct employment opportunities for over 1000 people.
Gold One also owns the nearby existing Sub Nigel mine, which is used primarily
as a training centre in the build-up of the Modder mine to full production.
Its other projects and targets include Ventersburg and Bothaville, both in the
Free State goldfields, the Tulo concession in Mozambique and the Etendeka
greenfields project in Namibia. Gold One has an issued share capital of
805,894,985 shares
Date: 15/07/2010 07:06:01 Produced by the JSE SENS Department.
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