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06 May 2005
Barrick Subscription in Highland Gold
Highland Gold Mining Limited ("Highland Gold") announces that it has today signed a subscription agreement with Barrick Gold Corporation ("Barrick") of Canada whereby Barrick will subscribe in cash for 11,377,937 new ordinary shares in Highland Gold at a price of 230 pence per new ordinary share. The subscription is conditional only on admission of the shares to trading on AIM. Following completion of the share subscription Barrick's shareholding, which is currently 13.7%, will increase to 20%.
19 Apr 2005
Highland Gold Mining Limited announces Preliminary Results for the twelve months to 31 December 2004
Gold production for 2004 was 199,896 ounces (MNV 195,026; Darasun 4,870)
07 Apr 2005
Highland Gold completes Rb 750m (US$26.8m) bond issue
Highland Gold Mining Ltd. (“Highland Gold”) and its wholly owned subsidiary Highland Gold Finance Limited announce the completion of the sale of rouble denominated bonds in the amount of Rb750,000,000 (US$26.8m).
24 Mar 2005
Highland Gold Announces Rb 750m Bond Issue
Highland Gold Finance Limited Liability Company, the wholly owned Russian subsidiary of Highland Gold Mining Limited, the AIM quoted Russian gold producer, announces today that it has initiated the process to raise Rb. 750,000,000 (approximately US$27.2 million) in the Russian Federation by way of a placement of Bonds.
28 Feb 2005
Highland Gold Acquires Mineral Exploration and Production Rights for the Sredne-Golgotayskoye Deposit (Chita)
Highland Gold Mining Limited, the AIM quoted Russian gold producer, announces today that it has won, in an open auction, the licence for exploration and production rights for the Sredne-Golgotayskoye deposit with a bid of US$377,300.
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