KOLAR GOLD PLC
("Kolar Gold" or the "Company")
RESULT OF GENERAL MEETING AND CHANGE OF NAME
Kolar Gold, the AIM-quoted India-Finland gold explorer and trading exchange provider, announces that at the extraordinary general meeting of the Company held today at 4.00 p.m., the resolutions proposed were duly passed, including a resolution to approve a change of the name of the Company to Lionsgold Limited.
The change of name will take effect on receipt of the change of name certificate from the Guernsey Registry, which is expected to be received on 24 February 2017.
Dealings under the new name and the new TIDM of "LION" are expected to commence at 8.00 a.m. on 27 February 2017. The Company"s website address will be www.lionsgold.com with effect from 27 February 2017.
Kolar Gold Limited
Cameron Parry (Chief Executive Officer)
Luke Cairns (Executive Director)
Tel: +44 (0) 20 7397 2880
WH Ireland Limited (Nominated Adviser)
Tel: +44 (0) 113 394 6600
Vicarage Capital Limited (Broker)
Tel: +44 (0) 20 3651 2911
Tavistock (Financial PR)
Tel: +44 (0) 20 7920 3150
About Kolar Gold
Kolar Gold is an AIM-quoted India-Finland gold exploration company, that is also establishing an online exchange for the direct ownership and trading of physical gold by retail investors in India.
Kolar Gold"s three divisions are:
· Strong partnership with leading India gold exploration and mine development company, Geomysore, in which the Company owns a 20.5% stake;
· Provide a physical gold holding and trading fintech platform for the Indian market; and
· Jurisdictional diversification through gold exploration and production in Finland.