2nd Nov 2007 07:00
Dwyka Resources Limited02 November 2007 Dwyka Resources Limited ('Dwyka' or the 'Company') Issue of Options The Directors of the Company announce that in accordance with shareholderapproval received on 20 September 2007, it has today issued 950,000 Options toacquire ordinary Dwyka shares. The Options were issued under the followingterms: Issue of 200,000 Options to I Tell AG The Options will be granted for no consideration. The requirement to grantthese options arises from I Tell AG's role in providing investor relationsservices pursuant to an agreement with the Company dated 20 June 2007. Inaccordance with that agreement, the exercise price of the Options will be $0.95exercisable on or before 30 June 2009. Issue of 250,000 Options to Nicholas John Bias The Options will be granted for no consideration. The requirement to grantthese options arises from Nicholas John Bias' role in providing investorrelations services to the Company. The exercise price of the Options will be$0.95 exercisable on or before 30 June 2009. Issue of 500,000 Options to Montagu Stockbrokers Pty Ltd The Options will be granted for no consideration. The requirement to grantthese options arises from Montagu Stockbrokers Pty Ltd's role as underwriter ofthe share purchase plan and placement undertaken by the Company earlier thisyear. Accordingly, the exercise price of the Options will be $0.31 exercisableon or before 30 June 2010. For further information please contact: In AustraliaMike LangoulantDwyka Resources Limited(+61) (0)8 9324 2955 In United KingdomRichard BrownAmbrian Partners Limited(+44) (0)20 7776 6417 Press enquiriesCharlie Geller or Leesa PetersConduit PR+44 (0)207 429 6604/ + 44 (0)7970067320 Or visit: http://www.dwyresources.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Nyota Minerals