Midwest Gold Ltd. Allots 4,50,750 Equity Shares on Preferential Basis

Midwest Gold Ltd. has approved the allotment of 4,50,750 equity shares of Rs. 10/- each at an issue price of Rs.2,000/- per share on a preferential basis. The allotment is made to various allottees under Promoter, Promoter Group, and Non-Promoter Public Categories. The equity shares so allotted will rank pari passu with the existing equity shares of the Company. The Company has received in-principle approval from BSE Limited for issuance of the aforesaid Equity Shares on preferential basis. The application for listing and trading approval of the Stock Exchange for the above equity shares will be made in due course. The issued and paid-up equity share capital of the Company stands increased from 1,20,47,946 equity shares of Rs. 10/- each to 1,24,98,696 equity shares of Rs. 10/- each fully paid up.