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Pin to quick picksLandore Regulatory News (LND)

Share Price Information for Landore (LND)

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Share Price: 2.70
Bid: 2.50
Ask: 2.90
Change: -0.40 (-12.90%)
Spread: 0.40 (16.00%)
Open: 3.05
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Low: 2.45
Prev. Close: 3.10
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Issue of Equity

5 Sep 2008 12:01

RNS Number : 8467C
Landore Resources Limited
05 September 2008
 



Landore Resources Limited

("Landore" or the "Company")

Issue of Equity

Landore, the Canadian mining explorer, today announces that it has raised approximately £617,500 through a placing of 6,500,000 new ordinary shares of 1p each in the Company ("Placing Shares") at a placing price of 9.5p per share.

The Placing Shares will represent 4.42% of the then enlarged issued share capital of the Company. The number of ordinary shares of 1p each in the Company ("Ordinary Shares") in issue following admission of the Placing Shares and the total number of voting rights will be 147,099,323. Application will be made for the admission of the Placing Shares to trading on AIM. The Placing Shares will rank pari passu with existing Ordinary Shares and it is expected that admission will occur at 8.00 a.m. on 11 September 2008.

Enquiries:

Bill Humphries / Richard Prickett

Landore Resources Limited

Tel: 07734 681262

Tel: 07775 651421

Simon Raggett / Angela Peace

Strand Partners Limited

Tel: 020 7409 3494

David Bick

Tel: 07831 381201

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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