skip to content | skip to menu | graphical version
International Molybdenum plc

RNS Number:9743E
Galahad Gold Plc
08 November 2004
                        Galahad Gold plc (the "Company")
         Notice of Extraordinary General Meeting and Additional Listing
Notice of Extraordinary General Meeting
The Company has posxted to shareholders a notice convening an extraordinary
general meeting of the Company on 29 November 2004 at 10.00 a.m. ("EGM").
At the EGM, a resolution will be put to Shareholders for the purpose of
substituting and renewing the existing authorixty of the Directors pursuant to
sections 80 and 95 of the Companies Act 1985 (authority to allot shares and
dis-application of statutory pre-emption rights). If passed, this resolution
will enable the Company to grant warrants to funds managed by RABx Capital plc,
as proposed in the announcement on 22 October, and to maintain flexibility in
the financing of the Company, giving the Directors the opportunity to take
advantage of business opportunities as they arise. In addition to funding
acquisitxions through the issue of shares, the authorities will enable the
Directors to raise additional working capital by way of a placing.
Copies of the notice of EGM are available from the Company's offices at 44
Davies Street, London W1K 5JA.
Additixonal Listing
A holder of #7,000 nominal of the 6% convertible loan stock 2006 ("Loan Stock")
of the Company has served a notice exercising its right to convert the Loan
Stock into 116,077 ordinary shares of 1p each in the capital of the Company
("xOrdinary Shares") pursuant to the Deed Poll constituting the Loan Stock.
The Company will make application for the 116,077 new Ordinary Shares to be
admitted to trading on AIM and admission is expected to occur on 12 November
2004.
Enquiries to:x
GALAHAD GOLD PLC                  Tel: 020 7408 2002
Alastair King
PARKGREEN COMMUNICATIONS          Tel: 020 7493 3713 
Simon Robinson/Justine Howarth
SEYMOUR PIERCE                    Tel: 020 7107 8000
Mark Percy/Jeremy Porter               x         
Notes to Editors:
Galahad Gold plc is an international mining development company quoted on the
AIM market of the London Stock Exchange under the symbol GLA. It has three
current projects, all in politically safe locations:
   * 35.x81% of Northern Dynasty Minerals Limited, the owner of the Pebble
     project in Alaska which contains the largest gold deposit in North America
     and the second largest copper deposit;
   * 100% of Skaergaard in Greenland, one of the largest palxladium deposits
     outside South Africa and Russia; and
   * 100% of Malmbjerg in Greenland, one of the largest primary molybdenum
     deposits in the world.
Galahad's attributable Inferred Mineral Resources:
   * 20.12m ounces of gold;
   x* 3m ounces of platinum;
   * 35.1m ounces of palladium;
   * 8.74bn lbs of copper; and
   * 313.2m lbs of molybdenum
These figures exclude Malmbjerg's molybdenum and the extensive vanadium and
titanium deposits in Skaergaard.
Further informatxion on Galahad may be found at www.galahadgold.com
                      This information is provided by RNS
            The company news service from the London Stock Exchange
END
NOELVLFBZFBEFBZ
site by haecceitas