Director/PDMR Shareholding

05.05.2017

Highland Gold Mining Limited (“Highland Gold” or the “Company”) has been informed that Executive Chairman Eugene Shvidler has pledged part of his shareholding in the Company to Citibank, N.A. as security in respect of a personal loan.

FOR FURTHER INFORMATION PLEASE CONTACT:

Highland Gold John Mann, Head of Communications
+ 7 495 424 95 21
Duncan Baxter, Non-Executive Director
+ 44 (0) 1534 814 202
Numis Securities Limited
(Nominated Adviser and Broker)
John Prior, James Black
Paul Gillam
+44 (0) 207 260 1000
Peat & Co
(Joint Broker)
Charlie Peat
+44 (0) 207 104 2334

HIGHLAND GOLD MINING LIMITED DIRECTORS’ DEALINGS IN SECURITIES DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1. Details of the person discharging managerial responsibilities/person closely associated
Name Eugene Shvidler
2. Reason for the notification
a) Position/status: Executive Chairman
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Company name: Highland Gold Mining Ltd.
b) LEI: 213800QQFH2CBTW5BX79
4. Details of the transaction(s): section to be repeated for (I) each type of instrument; (II) each type of transaction; (III) each date; and (IV) each place where transactions have been conducted
a) Description of the financial instrument, type of instrument: Ordinary shares of £0.001 each
Identification code: GB0032360173
b) Nature of the transaction: Pledge of shares to lender in respect of a personal loan
c) Currency GBP
d) Price(s) and Volume(s) Price Total Volume
N/A 11,500,000
e) Aggregated information: Price Total Volume
N/A 11,500,000
f) Date of the transaction: 4 May 2017
g) Place of the transaction: Outside a trading venue