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CRITICAL RESOURCES LIMITED — Capital/Financing Update 2013
Feb 3, 2013
64708_rns_2013-02-03_9642c945-6b18-4381-a30a-92dd99b8bdf0.pdf
Capital/Financing Update
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MARKET RELEASE
4 February 2013
SOVEREIGN GOLD COMPANY LIMITED
TRADING HALT
The securities of Sovereign Gold Company Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday, 6 February 2013 or when the announcement is released to the market.
Security Code: SOC
Charlotte Hope Senior Adviser, Listings (Sydney)
ASX Release 4[th] February 2013
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Sovereign Gold Company Limited ACN 145 184 667
Level 2, 131 Macquarie Street Sydney NSW 2000 Tel: +61 2 9251 7177 Fax: +61 2 9251 7500
Contact Michael Leu CEO
email: [email protected]
Latest News www.sovereigngold.com.au
Directors / Officers John Dawkins AO Michael Leu Peter Meers Jacob Rebek
ASX Symbol: SOC
Sovereign Gold Company is exploring for large Intrusion-Related Gold Systems in New South Wales.
Company Announcement Office Australian Securities Exchange Limited
Request for a Trading Halt
Pursuant to ASX Listing Rule 17.1 Sovereign Gold Company Limited (Company) requests a trading halt in the Company’s securities pending an announcement to the market regarding a proposed capital raising that is material to the Company.
The Company anticipates that the trading halt will be lifted on or before Wednesday 6[th] February 2013 by provision of an announcement to the ASX with respect to the capital raising.
The Company is not aware of any reason why the trading halt should not be granted.
For further information please contact: Henry Kinstlinger Investor Relations
Telephone: +61 2 9251 7177
Sovereign Gold’s project area covers over 2,650 square kilometres.
The principal project is located around the township of Uralla, 21km southwest of Armidale, New South Wales, Australia, with superb infrastructure logistics. It is close to major roads, rail, airport, labour source, university, power, and engineering.
Available production records indicate that the Rocky River-Uralla Goldfield yielded 5,193 kg (approximately 167,000 ounces) of gold mostly from Tertiary deep leads during the period 1858-1967.
Sovereign Gold’s exploration objective is to locate the hard rock sources.
Precious Metal Resources Ltd (ASX: PMR)
Sovereign Gold holds an 81.26% interest in PMR.
PMR is conducting exploration at Halls Peak, NSW, which is the inferred volcanic centre for extensive small but high grade Volcanic Massive Sulphide (VMS) deposits rich in copper, lead, zinc and silver, with variable but largely untested gold values.
Additionally, PMR has identified a potential large SEDEX deposit under the Halls Peak project area.