Holding(s) in Company

03.01.2019

Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) reports that, following the issuance of new shares to Aristus Holdings Limited ("Aristus") for the Valunisty acquisition as announced on 31 December 2018, several shareholders with significant interests in the Company (over 3%) became indirect holders of additional shares by way of their participation in Aristus.

The holdings in question are as follows:

Name	Percentage of Enlarged Issued Share Capital Held Directly	Number of Ordinary Shares Held via Aristus	Percentage of Enlarged Issued Share Capital (Direct & Indirect)
Roman Abramovich	7.15%	9,364,710	9.73%
Denalot Worldwide Limited	4.48%	9,655,334	7.13%
Erlinad Holdings Limited	2.65%	4,150,829	3.79%

The issued share capital of Highland Gold as of today is 363,843,441 ordinary shares of £0.001 per share. This number may be used by Highland Gold shareholders as the denominator for calculations by which they will determine if they are required to notify of their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Highland Gold Mining Ltd.	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 Joint Broker)	John Prior, James Black, Paul Gillam +44 (0) 207 260 1000
BMO Capital Markets Limited (Joint Broker)	Jeffrey Couch, Tom Rider, Pascal Lussier Duquette +44 (0) 207 236 1010
Peat & Co (Joint Broker)	Charlie Peat +44 (0) 207 104 2334