Kolar Gold Limited - Result of General Meeting and Change of Name

23 February 2017


("Kolar Gold" or the "Company")





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 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)

Tim Feather

Ed Allsopp


Tel: +44 (0) 113 394 6600


Vicarage Capital Limited (Broker)

Rupert Williams

Jeremy Woodgate


Tel: +44 (0) 20 3651 2911


Tavistock (Financial PR)

Tel: +44 (0) 20 7920 3150

Emily Fenton



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.