Exercise of Warrants

7th Feb 2006 14:08

Metals Exploration PLC07 February 2006 METALS EXPLORATION PLC EXERCISE OF WARRANTS 7 February 2006 Metals Exploration PLC ("the Company") today announces that it has issued andallotted 1,250,000 new Ordinary Shares of 1p each, at a price of 20 pence pershare, pursuant to an exercise of warrants. The new Ordinary Shares will rank pari passu with the existing Ordinary Sharesof 1p each in the Company and trading of these shares on AIM is expected tocommence on 13 February 2006. The total number of Ordinary Shares in issue following this exercise of warrantsis 50,197,355. This information is provided by RNS The company news service from the London Stock Exchange

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