Investments of Macquarie Group Limited in Oro Gold Resources Ltd.
TORONTO, June 22 /CNW/ - Macquarie Group Limited ("Macquarie"), through Macquarie Bank Limited, a wholly-owned subsidiary of Macquarie, announces that, due to a recent acquisition of 530,000 shares through the facilities of the TSX Venture Exchange at CAD 0.40 per share, it now has ownership of 5,170,692 common shares and 1,987,013 warrants of Oro Gold Resources Ltd. ("Oro"), each warrant convertible into one common share.
To Macquarie's knowledge, this represents 10.11% of the issued and outstanding shares of Oro on a partially-diluted basis.
Macquarie has acquired the above securities for investment purposes. Macquarie may acquire additional securities if they become available at prices that are attractive to Macquarie.
For further information: For further information: Stephen Yan at 212.231.1310.
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