Aug 14 (Reuters) - Samco Gold Ltd SGA.V :
* SAMCO GOLD ANNOUNCES INTENTION TO UNDERTAKE CAPITAL REORGANIZATION TRANSACTIONS
* INTENDS TO UNDERTAKE A SERIES OF CAPITAL REORGANIZATION TRANSACTIONS
* CAPITAL REORGANIZATION TRANSACTIONS ARE EXPECTED TO INCLUDE A PRIVATE PLACEMENT OF COMMON SHARES IN CAPITAL OF COMPANY
* PROCEEDS OF OFFERING ARE TO BE USED FOR WORKING CAPITAL PURPOSES WHILE CO EXPLORES BUSINESS OPPORTUNITIES TO INCREASE SHAREHOLDER VALUE
* REORGANIZATION TRANSACTIONS TO ALSO INCLUDE CONVERSION OF OUTSTANDING DEBT TO CERTAIN RELATED PARTIES OF COMPANY
* INTENDS TO OFFER UP TO 30 MILLION COMMON SHARES FOR SALE PURSUANT TO PRIVATE PLACEMENT FROM TREASURY
* REORGANIZATION TRANSACTIONS TO INCLUDE DISPOSITION OF CERTAIN ROYALTY ASSETS HELD BY CO TO RELATED PARTIES IN SATISFACTION OF EXISTING DEBT