Gold Oil Issues 1.75 Million Shares to Public

Gold Oil has been advised that a Notice of Exercise of Warrants for 1,750,000 ordinary shares of 0.025p has been received, and has accordingly issued 1,750,000 ordinary shares of 0.025p.

Application will be made to the London Stock Exchange for the new ordinary shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM.