28th Jul 2006 15:20
Metals Exploration PLC28 July 2006 Metals Exploration PLC Exercise of Warrants by a Director Metals Exploration PLC (the "Company") announces that on 27 July 2006 it hadreceived a notice of exercise from Kevin Mahoney to exercise warrants granted tohim on 30 September 2004 (the "Warrants") in relation to a total of 500,000ordinary shares of 1 p each in the share capital of the Company at 3.25p pershare ("500,000 Ordinary Shares"). The Company announces that, pursuant to the exercise of the Warrants, on 27 July2006 it issued and allotted the 500,000 Ordinary Shares. The 500,000 Ordinary Shares will rank pari passu with the existing OrdinaryShares of 1p each in the Company and trading of these shares on AIM is expectedto commence on 3 August 2006. The total number of Ordinary Shares in issue following this exercise of warrantsis 53,485,209. Further information Steven Smith Tel: +44 (0) 7797 721 858Chairman, Metals Exploration PLC Jonathan Anderson Tel: +44 (0) 7950 410 680Investor Relations Adrian Hadden/Chris Rollason Tel: +44(0) 20 7523 8350Collins Stewart Limited ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Metals Exploration