Issue of warrants

5th Oct 2006 14:21

Alba Mineral Resources PLC05 October 2006 Alba Mineral Resources Plc (the "Company" or "Alba") Issue of Warrants The Board of Alba (AIM: ALBA) announces that the Company has issued a warrant toMichael Charles Nott, who was recently appointed Executive Group ManagingDirector of the Company, to subscribe for 625,000 ordinary shares of 1p each,exercisable at a price of 10 pence per share, representing approximately 0.9% ofthe existing issued share capital of the Company. Subject to its terms, thewarrant can be exercised at any time from the first anniversary of the date ofgrant of the warrant, 3 October 2006, until 2 October 2016. Furthermore, the Board announces that the Company has issued a warrant to Dr.Charles Jay Hodgson, who was recently appointed Non-Executive Director of theCompany, to subscribe for 312,500 ordinary shares of 1p each, exercisable at aprice of 10 pence per share, representing approximately 0.5% of the existingissued share capital of the Company. Subject to its terms, the warrant can beexercised at any time from the first anniversary of the date of grant of thewarrant, 3 October 2006, until 2 October 2016. The issued share capital of the Company is 66,620,100 ordinary shares of 1 pencenominal value. Enquiries:- Lance O'Neill, Alba Mineral Resources Plc 020 7499 8334Mike Nott, Alba Mineral Resources Plc 020 7499 8334Liam Murray, City Financial Associates Limited 020 7090 7800 Alba is a junior explorer with a diversified commodity portfolio, primarilynickel, gold, copper, cobalt and platinum group metals, focussed on theAppalachian-Caledonide trend, a zone extending from the eastern seaboard ofNorth America to Scandinavia. Alba currently has interests in a number ofwell-researched properties in Scotland and Ireland owned in its own right or inconjunction with other parties. This information is provided by RNS The company news service from the London Stock Exchange

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