Scotgold Resources Ltd (SGZ.L) Key Developments | Reuters.com
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Scotgold Resources Ltd (SGZ.L)

SGZ.L on London Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Scotgold Resources says unit granted exploration licence in Portugal
Thursday, 12 May 2016 02:24am EDT 

Scotgold Resources Ltd : Licence awarded in portugal .Says unit has been granted an exploration licence for 3 years in eastern central portugal.  Full Article

Scotgold Resources Ltd announces close of non-renounceable rights issue
Wednesday, 7 Oct 2015 02:00am EDT 

Scotgold Resources Ltd:Says that its recently announced pro-rata non-renounceable rights issue closed on Sept. 30.Says rights issue offered eligible shareholders the opportunity to subscribe for one new share for every ten existing shares held at the record date of Sept. 4, at an issue price of 1.3 cents each, together with one free attaching unlisted option per new share subscribed.Says total of 95,295,889 new shares were applied for under the rights issue to raise about $1,238,846 (before costs) and a total of 95,295,889 options will be issued under the rights issue.  Full Article

Scotgold Resources Ltd announces ownership interest of Nat Le Roux
Sunday, 10 May 2015 11:16pm EDT 

Scotgold Resources Ltd:Says that Nat Le Roux has an interest in 456,564,373 ordinary shares of the company, representing 40 pct. of total voting power.Previously, Nat Le Roux had an interest in 456,564,373 ordinary shares of the company, representing 44 pct. of total voting power.  Full Article

Scotgold Resources Ltd announces management change
Friday, 1 May 2015 02:00am EDT 

Scotgold Resources Ltd:Says further to the resignation of Sandy Littlejohn as non-executive chairman and the appointment of Phillip Jackson as interim chairman on the December, 15, 2014.Announce the appointment of Nat Le Roux as non-executive chairman on March 19.  Full Article

Scotgold Resources Ltd announces appointment of chairman
Wednesday, 18 Mar 2015 09:11am EDT 

Scotgold Resources Ltd:Announces the appointment of Nathaniel le Roux as Chairman.  Full Article

Scotgold Resources Limited announces holding interest of NAT LE ROUX
Monday, 15 Dec 2014 08:00pm EST 

Scotgold Resources Limited:Says that NAT LE ROUX holds 456,564,373 Person's votes representing 43.67 pct. voting power of the company.Previously it had an interest of 174,666,666 Person's votes representing 22.88 pct. voting power of the company.  Full Article

Scotgold Resources Limited closes non-renounceable rights issue
Wednesday, 26 Nov 2014 07:00pm EST 

Scotgold Resources Limited:Says that its pro rata non renounceable rights issue of fully paid ordinary shares in the capital of the company on the basis of one new share for every one existing share held at the record date of Oct. 22, 2014 closed on Nov. 24, 2014.The company received applications to subscribe for 194,965,196 New Shares at A$0.006 (0.60 cents) or 0.0033 pounds (0.33 pence) from eligible shareholders under the Rights Issue to raise about A$1,169,791.  Full Article

Scotgold Resources Limited announces pro-rata non renounceable rights issue
Wednesday, 15 Oct 2014 04:00pm EDT 

Scotgold Resources Limited:Says that on Oct. 13, 2014 a pro-rata non renounceable rights issue of fully paid ordinary shares in the capital of the company on the basis of one new share for every one existing shares held at the record date of Oct. 22, 2014.Says the purpose of the Rights Issue is to raise about $3,411,177.The company intends to apply the funds raised from the Rights Issue for further debt retirement.Used to meet costs of the Rights Issue.Ongoing mine development studies at Cononish.Used for exploration and general working capital.  Full Article

Scotgold Resources Ltd announces non-renounceable rights issue
Monday, 13 Oct 2014 05:28pm EDT 

Scotgold Resources Ltd:Says pro-rata nonrenounceable rights issue of fully paid ordinary shares in capital of the company on basis of one new share for every one existing share held at record date of Oct. 22.Shares under rights issue will be offered at 0.6 cents per new share.Maximum number of new shares which may be issued under rights issue is 568,529,569 to raise about $3,411,177 (before expenses, based on current capital structure of the company).Funds raised from issue will be used to retire debt, meet the costs of issue, fund ongoing mine development studies at Cononish, conduct further exploration and for general working capital.  Full Article

Scotgold Resources announces CEO and chairman resignation and rights issue
Monday, 13 Oct 2014 02:00am EDT 

Scotgold Resources Ltd:Says Christopher Sangster has stepped down as managing director and chief executive officer, he will become a non-executive director of the company.Also says the resignation of John Bentley as executive director and chairman who will be focusing on his other corporate responsibilities.Further it intends to undertake a pro-rata non-renounceable rights issue of one new share for every one existing share held at an issue price of $0.006 per share.Nathaniel le Roux and Alexander Littlejohn have agreed to fully underwrite the rights issue. The funds raised will be used for ongoing mine development studies at Cononish, further debt retirement, exploration and working capital purposes.  Full Article