Herencia Resources Regulatory News (HER)

16 April 2010

Herencia Resources plc

Issue of Equity to Nyrstar

Nyrstar to Become a Significant Shareholder in Herencia

The Company is pleased to announce that it has today entered into a Subscription Agreement with Nyrstar International BV ("Nyrstar"), pursuant to which Nyrstar has agreed to subscribe £750,000 for 100,000,000 new ordinary shares of 0.1p each ("Ordinary Shares") at a price of 0.75p per share (the "Subscription"). The Subscription is conditional upon the 100,000,000 new Ordinary Shares being admitted to trading on AIM.

Nyrstar is part of the Nyrstar NV group, a leading global multi-metals business, producing significant quantities of zinc and lead as well as other products (including silver, gold and copper). It has interests in numerous zinc and lead activities worldwide ranging from developing projects through to smelting and refining. Nyrstar NV is listed on NYSE Euronext Brussels under the symbol NYR. For further information visit the Nyrstar website www.nyrstar.com.

Under the terms of the Subscription Agreement, Nyrstar has the right, whilst it is the holder of not less than 10% of the issued share capital of the Company, to nominate a representative to be appointed to the Board of Directors of Herencia. Details relating to the Nyrstar director will be announced when this right has been exercised. The Subscription Agreement also includes certain provisions designed to protect Nyrstar's shareholding from being diluted whilst it holds at least 10% of the issued share capital of the Company.

Following this transaction, the Company will remain in a strong working capital position with the ability to undertake additional work targeting the recently discovered 'New' vein. The Company will also benefit from Nyrstars' significant experience in the zinc and lead market as the Project moves forward. The current drill program remains on track at the Paguanta Project.

Application will be made for the new Ordinary Shares to be admitted to trading on AIM and dealings are expected to commence on 30 April 2010.

Following the Subscription, the number of Ordinary Shares in issue will increase to 960,932,470 of which Nyrstar will hold 100,000,000 representing approximately 10.4% of the shares in issue.

Commenting on the Agreement, Managing Director Michael Bohm stated:

"The involvement of Nyrstar will be of tremendous benefit to Herencia. They are a leading company in the global zinc and lead industries and I look forward to their valuable contribution and support, on a number of levels, as we drive the Paguanta Project toward development.

Shareholders should view this transaction as a significant vote of confidence in our plans for Paguanta."

Enquiries:

Herencia Resources plc Michael Bohm +61 8 9211 0600

WH Ireland Limited Katy Mitchell +44 161 832 2174

Further background details on the Company can be found at www.herenciaresources.com