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17 Jul 2008 14:02
17 July 2008
Additional Block Listing
First Quantum Minerals Ltd. (the "Company")
An application has been made to the UK Listing Authority and the London Stock Exchange plc for a maximum of 285,000 common shares of no par value of the Company to be listed under a block listing pursuant to LR 3.5.4(R) to trade on the London Stock Exchange and to be admitted to the Official List of the UKLA upon issuance.
The shares for which block listing is sought form part of the consideration for the acquisition by a wholly-owned subsidiary of the Company of the entire issued capital of Scandinavian Minerals Limited pursuant to a Plan of Arrangement under the provisions of the Canada Business Corporations Act approved by the Ontario Superior Court of Justice and the affirmative vote of Scandinavian Minerals' shareholders.
It is expected that admission will occur and trading will commence on 21 July 2008. The shares will rank pari passu with the Company's existing issued common shares.
For further information visit our web-site at www.first-quantum.com.
On Behalf of the Board of Directors 12g3-2b-82-4461
of First Quantum Minerals Ltd. Listed in Standard & Poor's
G. Clive Newall Sedar Profile #00006237
President
For further information visit our web site at www.first-quantum.com
Contact: Clive Newall, President
1st Floor, Mill House Mill Bay Lane Horsham West Sussex RH12 1TQ United Kingdom
Tel: +44 140 327 3484 Fax: +44 140 327 3494 E-Mail: clive.newall@fqml.com.
Or
Harriet Pask or Sarah MacLeod
Hogarth Partnership Ltd. Tel: +44 (0) 20 7357 9477
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Certain information contained in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and forward-looking information under applicable Canadian securities legislation. Such forward-looking statements or information, including but not limited to those with respect to the prices of gold, copper, cobalt and sulphuric acid, estimated future production, estimated costs of future production, the Company's hedging policy and permitting time lines, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors include, among others, the actual prices of copper, gold, cobalt and sulphuric acid, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's documents filed from time to time with the Alberta, British Columbia, and Ontario Securities Commissions, the Autorité des marchés financiers in Quebec, the United States Securities and Exchange Commission and the London Stock Exchange.
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