Sovereign Gold Company Limited Stock Market Press Releases and Company Profile
Share Purchase Plan
Share Purchase Plan

Sydney, June 17, 2014 AEST (ABN Newswire) - Sovereign Gold Co Ltd (googlechartASX:SOC) (Sovereign Gold) advises that it will implement a Share Purchase Plan (SPP) offering eligible shareholders the opportunity to purchase shares in Sovereign Gold without brokerage or other related charges.

The Offer price will be the lower of 4 cents or a 10% discount to the volume-weighted average price of SOC shares traded on the Australian Securities Exchange (ASX) over the 5 trading days up to and including the day on which the Offer is scheduled to close (23 July 2014), rounded down to the nearest one tenth of one cent.

The maximum price that eligible shareholders will pay is 4 cents per New Share.

Participation in the Offer is optional and is open to Eligible Shareholders who were holders of Shares in Sovereign Gold at 5.00 pm (AEST) on 16 June 2014 and whose registered address is in Australia or New Zealand.

Shareholders can purchase shares totaling up to $15,000.

Funds raised through the SPP will be used to progress the company's exploration activities and to provide working capital.

Shares issued under the SPP will rank equally with existing shares.

Indicative Dates
------------------------------------------------------Record Date                               16 June 2014Announcement of the Share Purchase Plan   17 June 2014Documents mailed to Eligible Shareholders 23 June 2014Opening date for acceptances              23 June 2014Closing date for acceptances              23 July 2014Allotment and issue of New Shares         30 July 2014Quotation of New Shares on ASX            30 July 2014Dispatch of shareholder statements        30 July 2014------------------------------------------------------
Full details of the SPP and Application Forms will be sent to all eligible shareholders on 23 June 2014.

About Sovereign Gold Company Limited

Sovereign Gold Ltd (ASX:SOC)Sovereign Gold Co Ltd (ASX:SOC) is an Australian-based specialist gold exploration company. Sovereign Gold has a portfolio of quality tenements located in Eastern Australia where there is known potential for the occurrence of Intrusion-Related Gold Systems (IRGS). Sovereign Gold has a highly prospective tenement package covering the Rocky River-Uralla Goldfield, 21km southwest of Armidale, NSW, Australia. Sovereign owns the recent Mt Adrah Hobbs IRGS discovery south-east of Wagga Wagga, NSW.

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Contact

Sovereign Gold Co Ltd
T: +61-2-9251-7177
F: +61-2-9251-7500
E: corporate@sovereigngold.com.au
WWW: www.sovereigngold.com.au



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