Sovereign Gold Company Limited: Mount Adrah Prospectus Lodged

Sydney, Australia - Sovereign Gold Company Ltd. (ASX:SOC) (Sovereign Gold) advises that the Prospectus for the Initial Public Offering of shares in Mount Adrah Gold Ltd. (Mount Adrah) was lodged with the Australian Securities and Investments Commission on 4 April 2014.

Mount Adrah is a 72% owned subsidiary of Sovereign Gold.

Mount Adrah has reserved the ASX code: "MTL".

Initial Public Offering

The Mount Adrah IPO is for 10,000,000 Shares at an issue price of $0.20 per Share to raise a minimum of $2,000,000; additionally the Company may accept over-subscriptions for up to 5,000,000 Shares to raise up to a further $1,000,000.

41,825,000 of the existing shares are owned by Sovereign Gold, which will represent 61.5% of the issued capital of Mount Adrah upon the raising of $2,000,000 and 57.3% of the issued capital of Mount Adrah upon the raising of $3,000,000.

All Sovereign Gold shareholders holding at least a Marketable Parcel of Sovereign Gold shares at the Record Date, 10 April 2014, will be eligible to apply for shares in a priority offer, with a guaranteed allocation of shares in Mount Adrah.

The target date for listing on the ASX is 6 June 2014, though this date may be subject to factors outside of the control of Mount Adrah.

To subscribe for Shares, applicants will need to complete the application form that is in, or accompanies, the Prospectus.

In deciding whether to acquire the Shares, applicants should read the Prospectus carefully, and if necessary seek their own taxation and investment advice.

The Prospectus, including the application form is able to be viewed and downloaded at www.adrah.com.au .

Requests for the Prospectus and application form can also be made by phoning Mount Adrah on +61 2 9251 7177.

About Sovereign Gold Company Limited:

Sovereign Gold Company Ltd. (ASX:SOC) is an Australian-based gold exploration and development company that holds a highly prospective tenement package, for Intrusion-Related Gold Systems (IRGS), in New South Wales, Australia. Sovereign Gold holds 11 Exploration Licences covering over 3,240km2 near Armidale in NSW, including the historic Rocky River-Uralla Goldfields. Sovereign Gold's aggressive exploration program in several of these licence areas is funded via a joint venture (at the tenement level) with Jiangsu Geology & Engineering Co Ltd (SUGEC), a major Chinese State-owned geology enterprise. The other area of focus is the Mt. Adrah Project, approximately 50km southeast of the regional NSW centre of Wagga Wagga and 23km northwest of the historic mining district of Adelong, via an 87% interest in unlisted Gossan Hill Gold Limited. This area contains the recently discovered, world-class, Hobbs IRGS deposit which is currently under evaluation.



Contact:

Sovereign Gold Company Ltd.
Henry Kinstlinger, Investor Relations
Telephone: +61-2-9251-7177