Source: Oslo Stock Exchange - NewsWeb
26 June 2026:
Reference is made to the stock exchange announcement made by Gold Road International p.l.c. ("Gold Road" or the "Company") on 25 June 2026 regarding the successful private placement (the "Private Placement") comprising (i) the issue of 12,000,000 new shares, (ii) the sale of 2,000,000 existing shares, and (iii) an over-allotment of 1,500,000 additional shares which arose as a result of an over-subscription of shares, which over-allotment was satisfied via a share lending arrangement entered into by the Company with an existing shareholder.
In connection with the Private Placement, the Company has issued 12,000,000 new, fully paid up, ordinary shares of a nominal value of USD 0.356074 each.
Following the aforementioned share issuance, the issued share capital of the Company is USD 20,411,793.923216 divided into 57,324,584 ordinary shares having a nominal value of USD 0.356074 each, all fully paid up.
For the avoidance of doubt, the authorised share capital of the Company has not been affected by the share issuance, and remains that of USD 32,046,660 divided into 90,000,000 ordinary shares with a nominal value of USD 0.356074 each.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the Euronext Growth Oslo Rule Book Part II - Issuer Rules.
For more information, please contact:
CEO Nils P. Skaset
Telephone: +47 951 88 154
Email: nils.skaset@goldroadplc.com
About Gold Road
Gold Road International p.l.c. is a gold mining company with operations based in Arizona, USA. The Gold Road group operates the Gold Road Project, a fully equipped gold mining and processing operation, having restarted the mill and mine in late 2025. The company's overarching strategic objective is to establish the Gold Road Project as a capital-disciplined, cash-flow-generating gold mining operation, targeting an annualised production rate of 8,000 - 10,000 ounces of gold with further upside.