IFL.L Regulatory News (IFL)

28 Jun 2007 09:10

International Ferro Metals Limited28 June 2007 28 June 2007 International Ferro Metals Limited ("IMFL" or "The Company") Issue of Securities On 28 June 2007, the Company issued and allocated: - 6,613,141 new Ordinary Shares, following the exercise of options, at anexercise price of 43 pence per share; and - 2,335,629 new Ordinary Shares, pursuant to the Jiuquan Iron and Steel GroupCompany Limited ("JISCO") Subscription Agreement, at a price of 43 pence pershare. Following the issue of these 2,335,629 new Ordinary Shares, JISCO now has aninterest of 111,751,229 Ordinary Shares or 26.1% of the issued share capital ofIFML. Following the issue of these 8,948,770 new Ordinary Shares the issued sharecapital of the Company is 428,161,896. Application will be made for these newOrdinary Shares to be admitted to AIM, and trading is expected to commence on 4July 2007. For further information please contact: Stephen Turner, Managing DirectorMob: +61 418 440 844www.ifml.com Fiona OwenGrant Thornton Corporate Finance+44 20 7383 5100 This information is provided by RNS The company news service from the London Stock Exchange