1st Dec 2006 18:43
Altona Resources PLC01 December 2006 1st December 2006 Altona Resources Plc ("the Company") ISSUE OF SHARES Altona Resources plc (AIM: ANR) announces that options have been exercised byNabarro Wells & Co. Limited to purchase 500,000 new ordinary shares in theCompany at a price of 1p per share. The Company has also issued 1,000,000 new ordinary shares in lieu of payment ofconsultancy fees in the amount of £70,000, in connection with the signing ofMemoranda of Understanding with BP Australia Pty Ltd (RNS: 24/07/06) andFlinders Power (RNS: 20/11/06). These shares will be subject to a lock-inarrangement for a period of six months and orderly market provisions for afurther period of six months. The new ordinary shares will rank pari passu with the existing ordinary sharesin the Company. Application will be made for these shares to be admitted to AIMand admission is expected to take place on 7th December 2006. Following the above issues, the Company's total number of issued ordinary shareswill be 239,600,000. -ends- For further information please contact: Altona Resources plcChristopher Lambert, Chairman +44 (0) 207 016 5100 Nabarro Wells & Co LimitedHugh Oram, Director +44 (0) 207 710 7400 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Altona Energy