Exercise of Warrants

10th Mar 2006 07:00

Metals Exploration PLC10 March 2006 METALS EXPLORATION PLC Exercise of Warrants 10 March 2006 Exercise of Warrants Metals Exploration PLC ("the Company") today announces that it has issued andallotted 195,000 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 16 March 2006. The total number of Ordinary Shares in issue following this exercise of warrantsis 51,006,385. This information is provided by RNS The company news service from the London Stock Exchange

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Metals Exploration