Business
Exercise of Warrants
Exercise of Warrants.
About this update from Metals Exploration Plc
[{"type":"text","content":"\n \n\n\n\n\n Metals Exploration PLC (\"Metals Exploration\" or the \"Company)\n\n Exercise of Warrants\n\n25 October 2007\n\nMetals Exploration announces that it has issued and allotted 200,000\nnew ordinary shares of 1p each at a price of 8 pence per share (\"New\nOrdinary Shares\"), pursuant to an exercise of warrants. The New\nOrdinary Shares will rank pari passu with the existing ordinary\nshares of 1p each in the Company.\n\nApplication has been made for the New Ordinary Shares to be admitted\nto trading on AIM. Admission of the New Ordinary Shares is expected\nto occur on 30 October 2007.\n\nFollowing the issue of the New Ordinary Shares, the Company's total\nissued share capital with voting rights and which is admitted to\ntrading on AIM will consist of 91,573,795 ordinary shares of 1p each,\nwith one voting right per share.\n\nFurther information, please contact:\n\n\nMetals Exploration Tel: +44 (0) 7747 101 552\nJonathan Beardsworth\n\nCollins Stewart Europe Limited Tel: +44 (0) 207 523 8350\nAdrian Hadden / Oliver Quarmby\n\nPelham PR Tel: +44 (0) 207 743 6672\nCharles Vivian\n\n\nENDS\n\n---END OF MESSAGE---\n\n\n\n\n\n\n\n\n \n ","length":1263,"tagName":"div"}]