CENTRAL RAND GOLD LIMITED - Issue and Allotment of Ordinary Shares

Issue and Allotment of Ordinary Shares

Central Rand Gold Limited
(Incorporated as a company with limited liability under the laws of Guernsey, Company Number 45108)
(Incorporated as an external company with limited liability under the laws of South Africa,
Registration number 2007/019223/10)
ISIN: GG00B92NXM24
LSE share code: CRND JSE share code: CRD
(“Central Rand Gold” or the “Company”)


Issue and Allotment of Ordinary Shares


Further to the announcement dated 23 January 2017 wherein shareholders were advised of the
appointment of Brandon Hill Capital Limited (“Brandon Hill”) as the Company’s broker, Central Rand Gold
is pleased to announce the issuance of 936,330 ordinary shares (the “Relevant Shares”) in the Company
to Brandon Hill as part consideration of their fee, in accordance with the terms of their engagement letter.
Application has therefore been made for the Relevant Shares to be admitted to trading on both AIM and
the JSE, with admission to take place on 1 February 2017. The Relevant Shares will rank pari passu in all
respects with all existing ordinary shares in the Company.

Following admission of the Relevant Shares, the Company's enlarged issued share capital will comprise
208,687,028 ordinary shares with voting rights. This figure of 208,687,028 ordinary shares may be used
by shareholders in the Company as the denominator for the calculations by which they will determine if
they are required to notify their interest in, or a change in their interest in, the share capital of the
Company under the Disclosure Rules and Transparency Rules of the United Kingdom Listing Authority.


For further information, please contact:
Central Rand Gold                                                                     +27(0) 87 310 4400
Lola Trollip


ZAI Corporate Finance Limited – Nominated Adviser                                   +44 (0) 20 7060 2220
John Treacy / Jamie Spotswood


Brandon Hill Capital Limited – Broker                                                +44 (0)20 3463 5000
Jonathan Evans / Wei Jiao


Merchantec Capital – JSE Sponsor                                                     +27 (0) 11 325 6363
Monique Martinez / Marcel Goncalves


Johannesburg
27 January 2017


Sponsor
Merchantec Capital

Date: 27/01/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.