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Issue of Equity

5 Dec 2012 12:44

RNS Number : 8138S
Mercom Oil Sands Plc
05 December 2012
 



Mercom Oil Sands Plc (AIM: MMO)

("Mercom" or "the Company")

Issue of Equity

 

Mercom announces that application has been made for the admission to AIM of 16,410,256 new Ordinary Shares ("New Shares"). The New Shares have been issued at 1.365p per Ordinary Share in settlement of outstanding consultancy fees to a third party. Admission of the New Shares is expected to occur on 11 December 2012.

On admission, the New Shares will rank pari passu with the existing Ordinary Shares in the Company.

 Following admission, the Company's enlarged issued share capital will comprise 333,285,256 Ordinary Shares with one voting right per share. The total number of voting rights in the Company is therefore 333,285,256.

- ENDS -

Enquiries:

Libertas Capital Corporate Finance Limited

Tim Cofman

+44 (0) 20 7569 9650

Cardew Group

Tim Robertson/Alexandra Stoneham

+44 (0) 20 7930 0777

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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30th Nov 20165:00 pmRNSIssue of equity and total voting rights
21st Nov 20167:00 amRNSChange of Registered Office
27th Oct 20163:05 pmRNSExercise of Warrants
123

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