Director/PDMR Shareholding
11 5월 2012 - 4:42PM
UK Regulatory
TIDMBGL
Bullabulling Gold Limited
(the "Company")
Director Shareholding
Bullabulling Gold Limited (AIM: BGL) was notified on 10 May 2012, that on the
same day, Peninsula Goldfields Pty Ltd, a Company controlled by John Lawton, a
non-executive director of the Company, disposed of 1,990,000 Ordinary Shares in
the Company in off-market trades. Following the transaction, Mr Lawton's
interest in the Company is as follows:
Number of Number of Average Number of Ordinary Percentage
Ordinary Shares shares price Shares held of voting
held prior to sold per following the rights
the transaction share transaction following
the
transaction
John Lawton 22,725 nil n/a 22,725 0.01%
Peninsula 6,728,641 1,990,000 AUS 4,738,641 1.64%
Goldfields $0.39
Pty Ltd
Total direct 6,751,366 1,990,000 AUS 4,761,366 1.65%
and indirect $0.39
holding
In addition, Mr Lawton also holds 711,392 Options, exercisable at AUS $0.11 in
the Company.
David McArthur
DIRECTOR
Contacts:
Brett Lambert
Bullabulling Gold Ltd
41 Stirling Highway
Nedlands, WA, 6009, Australia
Tel: +61 8 9386 4086
Cannacord Genuity (Broker) Westhouse Securities Limited
John Prior / Adam Miller (UK Nominated Adviser)
Tel: +44 20 7523 8350 Tom Price / Martin Davison / Jonathan
Haines
Tel: +44 20 7601 6100
Neil Boom Tony Dawe
MD, Gresham PR Ltd (UK media) Professional Public Relations
(Australia Media)
Tel: +44 7866 805 108
Email: tony.dawe@ppr.com.au
Tel: +61 8 9388 0944 / +61 405 989 743
About Bullabulling Gold Limited
Bullabulling Gold Limited listed on the Australian Securities Exchange (ASX:
BAB) and London's AIM Market (AIM:BGL) in March 2012 and has approximately 289
million shares on issue. The Company's primary focus is on its wholly owned
Bullabulling Gold Project, located near Coolgardie in Western Australia. The
Bullabulling Gold Project hosts JORC compliant Mineral Resources of 3.2 million
ounces comprising an Indicated Resource of 72.1 million tonnes at 0.92 g/t gold
and an Inferred Resource of 30.7 million tonnes at 1.07g/t gold. Exploration
has demonstrated strong potential for further expansion of the resource base.
The Bullabulling resource is amenable to bulk tonnage open pit mining and
conventional CIL processing has delivered high gold recoveries. The core of the
project is situated on granted Mining Leases in close proximity to
infrastructure.
The Company is currently undertaking a pre-feasibility study into the
development of a large scale, low cost mining operation at Bullabulling, with
first production targeted for 2015.
For further information contact Brett Lambert, Managing Director, on +61 8 9386
4086 or visit the Company's website www.bullabullinggold.com.
Competent Person Statement
The information in this report that relates to Exploration Results, Mineral
Resources or Ore Reserves is based upon information compiled by Dr Jeffrey
Malaihollo, who is a director of the Company and Fellow of The Australasian
Institute of Mining and Metallurgy and a Fellow of the Geological Society of
London. Dr Malaihollo has sufficient experience relevant to the style of
mineralization and type of deposit under consideration and the activity in
which he is undertaking to qualify as a Competent Person under 2004 Edition of
the Australasian Code for Reporting Exploration Results, Mineral Resources and
Ore Reserves (JORC Code). Dr Malaihollo consents to the inclusion in this
report of the matters based on his information in the form and context in which
it appears.
END
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