Ora Gold Launches $3 million Capital Raising Highlights: • Firm commitments received for a $2 million placement of new shares to institutional and sophisticated investors at 0.4c per share • Company launches $1 million Share Purchase Plan to existing shareholders at the same price • Strong demand for the placement following recent exceptional exploration results from the Crown Prince Prospect at the Garden Gully Gold Project • Company is well positioned to fund further exploration at Crown Prince and regional prospects _________________________________________________________________________ Ora Gold Limited ACN 085 782 994 (ASX: OAU) (Company or Ora) is pleased to advise that it has received firm commitments to raise $2 million (before costs) via a placement of 500,000,000 fully paid ordinary shares in the Company (New Shares) at an issue price of $0.004 per New Share to corporate, institutional, professional and sophisticated investors (the Placement). In addition to the Placement, the Company will offer existing eligible shareholders the opportunity to subscribe for up to a maximum of $30,000 worth of fully paid ordinary shares (SPP Shares) in the Company each at an issue price of $0.004 per SPP Share under a share purchase plan (SPP), to raise an additional $1 million (before costs). Further details on the SPP are provided in this release. The Placement and the SPP together comprise the Capital Raising
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