11th Nov 2011 16:50
Kryso Resources plc
('Kryso' or 'the Company')
AIM: KYS
Issue of Shares
Kryso Resources plc (AIM: KYS) announces that 4,300,000 ordinary shares in the Company have been issued pursuant to the exercise of 3,500,000 warrants at £0.08 per share and the exercise of 800,000 options at £0.10 per share. Aggregate funds of £360,000 have been received by the Company.
The 800,000 options were exercised by Craig Brown, Managing Director of the Company. His resultant holding is detailed below:
| Director | Number of Options Exercised | Total number of Common Shares held following Exercise of Options | Percentage of enlarged issued share capital | ||||
| Craig Brown | 800,000 | 900,000 | 0.325% |
Application has been made for the shares issued to be admitted to trading on AIM and dealings are expected to commence on 18 November 2011. Following admission there will be 277,110,917 ordinary shares in issue.
For further information please contact:
Craig Brown, Kryso Resources plc
Tel: +44 (0) 20 7349 9160
Jeremy Ellis, Evolution Securities
Tel: +44 (0) 20 7071 4300
John Grant, XCAP Securities plc
Tel: +44 (0) 207 101 7070
Copyright Business Wire 2011
Related Shares:
CNG.L