18th Nov 2010 07:00
18 November 2010
Triple Plate Junction PLC
("Triple Plate" or "the Company")
Issue of Equity
The Board of Triple Plate today announces that Newmont Ventures Limited ("Newmont") has exercised its warrants with respect to 17,000,000 ordinary shares of 1 pence each in the capital of the Company. The exercise price is 2.5 pence per share and therefore the total subscription price upon exercise of the warrants is £425,000. Following the issue of these shares Newmont will hold 54,000,000 shares, representing approximately 18.6% of the enlarged share capital of Triple Plate.
Application has been made to AIM for admission of the new ordinary shares which is expected to occur, and dealings to commence, at 8.00 a.m. on 25 November 2010.
For further enquiries please contact:
Triple Plate Junction Plc +44 (0) 20 7602 1570
Tony Shearer
Daniel Stewart & Company plc +44 (0) 20 7776 6550
Antony Legge / Oliver Rigby
Related Shares:
Tethyan Resources