TIDMBGL

RNS Number : 0825D

Bullabulling Gold Limited

24 April 2013

Bullabulling Gold Limited

The following announcement was released by the Company on the ASX today.

 
 24 April 2013   AIM Code: BGL, ASX Code: BAB 
 

ALLOCATION OF CDI's & UPDATED TOP 20 SHAREHOLDERS

Bullabulling Gold Limited (the Company) advises that CREST Depositary Interests (CDI's) have now been allocated to AIM registered shareholders who subscribed for stock under the Company's entitlement offer that closed on 15 April 2013.

Following allocation of the entitlement offer shares, the Company has 341.7 million shares on issue, 50.1% of these are registered on AIM and 49.9% on the ASX.

A list of the Company's current top 20 registered shareholders on the merged AIM and ASX registers is attached. It should be noted that the majority of the top 20 registered holders are nominees or custodians who hold shares on behalf of beneficial owners not identified on the share register. Some beneficial owners hold shares registered through more than one nominee.

For information, contact:

 
 Brett Lambert                    Westhouse Securities Limited 
  Bullabulling Gold Limited        (UK Broker & Nominated Adviser) 
  Level 2, 55 Carrington Street    Martin Davison/Jonathan Haines 
  Nedlands, WA, 6009, Australia    Tel: +44 20 7601 6100 
  Tel: +61 8 9386 4086 
-------------------------------  ----------------------------------------------- 
 Neil Boom                        John Gardner / Rupert Dearden 
  Gresham PR Ltd (UK media)        MAGNUS Investor Relations. Corporate 
  Tel: +44 7866 805 108            Communication. (Australian Media) 
                                   Tel: +61 8 6160 4900 
                                   jgardner@magnus.net.au rdearden@magnus.net.au 
-------------------------------  ----------------------------------------------- 
 
 
 BULLABULLING GOLD LIMITED 
 ASX/AIM Merged Top 20 Registered Shareholders 
 Rank    Name                                            Units   % of Units 
  1.     RESOLUTE (TREASURY) PTY LTD                20,250,000        5.93% 
  2.     NATIONAL NOMINEES LIMITED                  18,180,600        5.32% 
         TD DIRECT INVESTING NOMINEES 
  3.      (EUROPE) LIMITED <SMKTNOMS>               17,579,014        5.14% 
         HSBC CUSTODY NOMINEES (AUSTRALIA) 
  4.      LIMITED                                   15,473,025        4.53% 
  5.     BARCLAYSHARE NOMINEES LIMITED              10,382,305        3.04% 
  6.     L R NOMINEES LIMITED <NOMINEE>              9,596,940        2.81% 
         HSBC GLOBAL CUSTODY NOMINEE 
  7.      (UK) LIMITED <860158>                      9,375,249        2.74% 
         THE BANK OF NEW YORK (NOMINEES) 
  8.      LIMITED <RBSGF>                            9,220,000        2.70% 
         HARGREAVES LANSDOWN (NOMINEES) 
  9.      LIMITED <HLNOM>                            7,824,549        2.29% 
  10.    AUZEX EXPLORATION LIMITED                   7,022,472        2.05% 
         MISTY GRANGE PTY LTD <BJ&LA 
  11.     WINSOR S/F PENS A/C>                       7,000,000        2.05% 
         THE BANK OF NEW YORK (NOMINEES) 
  12.     LIMITED <UKREITS>                          6,060,209        1.77% 
         JP MORGAN NOMINEES AUSTRALIA 
  13.     LIMITED <CASH INCOME A/C>                  5,611,840        1.64% 
         HSBC GLOBAL CUSTODY NOMINEE 
  14.     (UK) LIMITED <940506>                      5,269,574        1.54% 
         HSBC CLIENT HOLDINGS NOMINEE 
  15.     (UK) LIMITED <731504>                      5,241,893        1.53% 
  16.    MORSTAN NOMINEES LIMITED                    5,075,000        1.49% 
  17.    PENINSULA GOLDFIELDS PTY LTD                4,738,641        1.39% 
         FORSYTH BARR CUSTODIANS LTD 
  18.     <FORSYTH BARR LTD-NOMINEE A/C>             4,719,907        1.38% 
         HSBC GLOBAL CUSTODY NOMINEE 
  19.     (UK) LIMITED <993791>                      4,125,000        1.21% 
         SECURITIES SERVICES NOMINEES 
  20.     LIMITED <2060000>                          4,043,874        1.18% 
                                                   176,790,092       51.73% 
 

About Bullabulling Gold Limited

Bullabulling Gold Limited is listed on the Australian Securities Exchange (ASX:BAB) and London's AIM Market (AIM:BGL) and has approximately 341.75 million shares on issue. The Company's primary asset is the wholly owned Bullabulling Gold Project, located near Coolgardie in Western Australia.

The Bullabulling Gold Project hosts JORC compliant Mineral Resources of 3.5 million ounces comprising Indicated Resources of 71.7 million tonnes at 0.96 g/t gold (2.2 million ounces) and Inferred Resources of 32.8 million tonnes at 1.06 g/t gold (1.1 million ounces) at Bullabulling and Inferred Resources of 4.8 million tonnes at 1.15 g/t gold (0.2 million ounces) at Gibraltar. Exploration has demonstrated strong potential for further expansion of the resource base.

The Bullabulling deposit is amenable to bulk tonnage open pit mining and conventional CIL processing has delivered high gold recoveries. The deposit is situated on granted Mining Leases in close proximity to infrastructure.

The Company has recently completed a pre-feasibility study into the development of a large scale, low cost mining operation at Bullabulling and is now moving into definitive feasibility study. First production is targeted for Q4 2015.

Competent Person Statement

The information in this report that relates to the Exploration Results, Mineral Resources or Ore Reserves is based upon information compiled by Mr Trevor Pilcher, who is a full time employee of the Company and is a member of The Australasian Institute of Mining and Metallurgy. Mr Pilcher has sufficient experience relevant to the style of mineralisation 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). Mr Pilcher consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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