21st Jul 2009 07:16
Dwyka Resources Limited ('Dwyka' or the 'Company')
Issue of shares to accepting Minerva Resources Plc shareholders
and
Notice under Section 708A(5)(e) of the Corporations Act 2001
Further to the announcement on 14 July 2009 that Dwyka had declared its offer for the entire issued share capital of Minerva Resources Plc ('Minerva') wholly unconditional, the Company has today issued and allotted 24,965,225 ordinary fully paid Dwyka shares ('Shares') to those Minerva shareholders that had accepted Dwyka's offer as at 1.00 p.m. (London time) on 14 July 2009, the first closing date of the offer. The accepting shareholders represented 80.9% of the issued capital of Minerva Resources Plc and the offer remains open for further acceptances until 1.00 p.m. (London time) on 28 July 2009.
Application has been made to the AIM Market of the London Stock Exchange ("AIM") for 24,965,225 Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur at 8.00 a.m. on 27 July 2009.
The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.
The Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act, in reliance on Section 708A(5)(e) of the Corporations Act.
The Company, as at the date of this notice, has complied with:
(a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
(b) Section 674 of the Corporations Act.
There is no excluded information for the purposes of Sections 708A(7) and (8) of the Corporations Act.
For further information please contact:
Melissa Sturgess
Dwyka Resources Limited
(+44) (0)78 2555 1397 or [email protected]
In United Kingdom
Richard Brown
Richard Greenfield
Ambrian Partners Limited
(+44) (0)20 7634 4700
Press enquiries
Charlie Geller or Leesa Peters
Conduit PR
+44 (0)20 7429 6604/ +44 (0)79 7006 7320
Or visit: http://www.dwyresources.com
Related Shares:
Nyota Minerals