www.ovocagold.com
Ovoca Gold Plc is a Moscow-based gold exploration and mine development company with a strong balance sheet and an exciting portfolio of gold properties in the Magadan region, Russia.
The Company has a successful track record of developing precious metals assets and bringing value to shareholders. At the beginning of 2009 Ovoca Gold sold its flagship asset, the Goltsovoye silver deposit, for $47.7mn, a near 200% premium to the Company’s market capitalization at the time of sale closing. The entire asset development cycle Ovoca completed on Goltsovoye, from exploration to feasibility study to financing and start of mine construction.
RNS Release - Transaction in Own Shares
Ovoca Gold PLC
25 July2011
Ovoca Gold Plc ("Ovoca" or the "Company")
Transaction in Own Shares
On 22 July 2011 Ovoca acquired 375,000 ordinary shares of €0.125 each ("Ordinary Shares") of the Company at a price of GBP32p. Ovoca intends to hold these shares as treasury stock. Ovoca now has a total of 87,363,806 Ordinary Shares in issue excluding treasury shares and 1,095,000 Ordinary Shares held in treasury.
Ovoca Gold Plc
Timothy McCutcheon +7 495 916 6029 tim.mccutcheon@ovocagold.com
Davy - NOMAD and joint broker
John Frain +353 1 679 6363
Fairfax I.S. PLC - joint broker
Ewan Leggat/Laura Littley +44 207 598 5368
This information is provided by RNS

















