Business
Subscription of Shares
Subscription of Shares.
About this update from Jubilee Metals Group Plc
[{"type":"text","content":"\n Jubilee Platinum PLC\n24 October 2006\n\n\n\n\n\n24 October 2006\n\n\n\n\n Jubilee Platinum Plc\n\n ('Jubilee' or the 'Company')\n\n\n\n Subscription of shares\n\n\n\n\n\nFollowing an agreement signed by Jubilee with TransAsia Minerals Ltd ('TransAsia\n') dated 4 October 2006, Jubilee is allotting 490,000 shares in relation to the\nsubscription clause requiring TransAsia to subscribe for $1,000,000 of Jubilee\nshares at a price of £1.10 per share.\n\n\n\nDue to exchange rate differences, Jubilee is issuing 490,000 Ordinary 1p shares\nto TransAsia, as opposed to 481,000 Ordinary 1p shares referred to in a previous\nannouncement issued by the Company dated 16 October 2006.\n\n\n\nThese shares are expected to be admitted for trading on AIM on the 24 October\n2006.\n\n\n\nFor further information please contact:\n\nColin Bird Cathy Malins / Annabel Leather\n\nJubilee Platinum plc Parkgreen Communications Ltd\n\nTel +44 (0) 20 7584 2155 Tel +44 (0) 20 7493 3713\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1293,"tagName":"div"}]