10th Aug 2006 16:06
Cambrian Mining PLC10 August 2006 10 August 2006 CAMBRIAN MINING PLC ("Cambrian" or "the Company") Cambrian completes purchase of 51% (fully diluted) of Xtract Energy Plc Further to the announcement on 7 August 2006, the Board of Cambrian is pleasedto announce the completion of the purchase of 110,000,000 ordinary shares inXtract Energy Plc ("Xtract") and the issue and allotment of 4,400,000 newCambrian ordinary shares. Cambrian now controls 55.2% of the current issuedcapital of Xtract (50.5% on a fully diluted basis). Application will be made for the new Cambrian ordinary shares to be admitted totrading on AIM. The new ordinary shares will rank pari passu with the existingordinary shares in the Company and trading of these shares on AIM is expected tocommence on 16 August 2006. The total number of ordinary shares in issue following this issue is 89,705,198. Ends For further information contact: Cambrian Mining PlcMark Burridge +44 20 7409 0890 Parkgreen CommunicationsCathy Malins / Annabel Leather +44 20 7493 3713 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Xtract