cgt consideratin shares allotted by liongold

Exerpt from LionGold's announcement to the SGX date September 10 2012:

The Company wishes to announce that following verification and correction of errors, based on the acceptances tendered, the number of CGT Consideration Shares to be issued to the CGT shareholders who accepted the offer on or before 17 August 2012 is 56,435,034, after rounding. The 56,435,034 CGT Consideration Shares constitute approximately 7% of the existing issued and paid-up share capital of the Company and is within the mandate obtained at the Company’s AGM on 31 July 2012. None of the CGT Shareholders who accepted the Company’s Takeover Offer of CGT will be allotted and issued CGT Consideration Shares that exceeds 5% of the existing issued and paid-up share capital of the Company.

The Company also wishes to announce that its Share Transfer Agent, B.A.C.S. Private Limited has allotted and issued the 56,435,034 CGT Consideration Shares to the CGT Shareholders on 10 September 2012, and despatched the share certificates relating to the 56,435,034 CGT Consideration Shares to the CGT Shareholders and to the CDP.

The 56,435,034 CGT Consideration Shares are expected to be listed and quoted for trading on the SGX-ST on 12 September 2012.

The Company will make separate announcements when the remaining CGT Consideration Shares are allotted and issued.

Cheers

U. Plodder