Berkeley Mineral Resources Plc, which is primarily engaged in processing mining tailings in Zambia, announces that the number of warrants exercised at 2p following the announcement of 9 August regarding outstanding warrants was 54,188,413. From this exercise, the Company received £1,083,768 before expenses.
Accordingly, there is now a total of 146,228,253 warrants at 2p still outstanding. It has been agreed that the exercise period for these remaining warrants be extended from 24 October 2013 for three months until 24 January 2014. Pursuant to the announcement released on 9 September 2013, BMR is expecting to receive final environmental clearance for its zinc and lead processing operations and to commence production.
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