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Issue of Equity
Application is being made for the Placing Shares, which will, on issue, rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM and such admission is expected to occur on or around
The Company will therefore have 724,675,828 Ordinary Shares in issue with voting rights and admitted to trading on AIM. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the
David Lenigas, the Company's Chairman commented:
"This placing will significantly boost the Company's balance sheet as we pursue the Company's stated investing policy to invest in and/or acquire companies and/or projects within the natural resources sector with the potential for growth."
For further information, please contact:
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+44 (0)20 7440 0640 |
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James Caithie/ |
+44(0) 20 7148 7900 |
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This information is provided by RNS