Exercise of Warrants
July 31 2008 - 2:01AM
UK Regulatory
RNS Number : 2702A
Oriel Resources PLC
31 July 2008
31 July 2008
Oriel Resources PLC ("Oriel" or the "Company")
Exercise of Warrants
Oriel Resources plc (AIM:ORI, TSX:ORL) announces that warrants (AIM:ORIW) over ordinary shares of 1p each in the share capital of the
Company were exercised on 29 July 2008.
Details of the warrants exercised are as follows:
Number of warrants Exercise Price
14,500 75p
Accordingly, application will be made for 14,500 ordinary shares of 1p each in the Company, which will rank pari passu with existing
ordinary shares, to be admitted to trading on AIM. The admission is expected to occur on or about 5 August 2008. Following the exercise of
these warrants the total issued capital of the Company will be 641,719,824 ordinary shares.
Enquiries:
Oriel Resources Plc
Tania Tchedaeva 020 7514 0590
Canaccord Adams Limited
Ryan Gaffney 020 7050 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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