28 October 2003 07:45
BRITAIN`S TRANS-SIBERIAN GOLD PLANS TO PLACE SHARES ON AIM NOV 19-20
MOSCOW. Oct 28 (Interfax) - Britain's Trans-Siberian Gold Ltd. (TSG), which owns a number of gold mining assets
in Russia, is planning to place shares on the London Stock Exchange's Alternative Investments Market (AIM) November
19-20, Jocelyn Waller, the company's managing director, told Interfax.
Waller indicated that the shares would be placed at 140-170 pence
each. He said around 10 million shares would be placed and that the
Waller said a road-show lasting about two and a half weeks would begin in London on October 29 and take in Moscow on
November 2-3 before moving on to Switzerland.
company expected to raise about 15 million pounds sterling from the offering.
The proceeds will be invested in TSG's gold projects in Russia's Kamchatka and Krasnoyarsk regions, Waller
said.
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