18th Apr 2005 11:21
Ormonde Mining PLC18 April 2005 Ormonde Mining plc Result of EGM DUBLIN & LONDON: 18 April 2005 - The Board of Ormonde Mining plc ("Ormonde" or"the Company") confirms that the resolution proposed for consideration attoday's Extraordinary General Meeting of the Company held in Dublin has beenapproved. This resolution granted the Directors authority to disapplypre-emption rights for the purpose of completing the Placing of 30,100,000 newOrdinary Shares ("New Ordinary Shares") announced on 24 March, 2005. Admission of the existing issued share capital and of the New Ordinary Shares totrading on AIM, and admission of the New Ordinary Shares to trading on the IEXwill become effective tomorrow, 19 April 2005. The AIM admission document can bedownloaded from the Company's website www.ormondemining.com. Enquiries to: Kerr Anderson, Managing Director Ormonde Mining plc Tel: +353 46 9073623 Fraser Gardiner, Investor Relations Ormonde Mining plc Tel: +353 86 393 1178 Eugenee Mulhern / Fergal Meegan Davy Corporate Finance Limited Tel: +353 1 679 6363 Simon Rothschild Bankside Consultants Tel: +44 (0)207 444 4153 Mobile: +44 (0)7703 167065 ENDS BACKGROUND INFORMATION Ormonde Mining is quoted on the Irish Enterprise Exchange and expects to beadmitted to trading on AIM on 19 April 2005. The Company is focused on acquiringand developing gold projects in Spain. Ormonde's portfolio contains advancedprojects with substantial gold (and copper) resources, including La Zarza withone million ounces of gold, and other properties where the Company anticipatesthat drilling will identify significant new resources. The Company has a stronglocal Spanish management team, supported by a Board with extensive explorationexpertise in the region and mine development experience. For more information, please visit www.ormondemining.com or contact the Companyat [email protected]. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ORM.L