MTA.L Regulatory News (MTA)

3 Apr 2006 08:42

Ming Resources PLC03 April 2006 3 April 2006 Revised Placing Terms Ming Resources plc has revised the proposed placing set out in its AIM AdmissionDocument dated 13 March 2006 such that the placing will now comprise the issueof 160,000,000 placing shares at a price of 5p each to raise £8,000,000 beforeexpenses, with every 2 placing shares having attached 1 warrant to subscribe fora new share in the Company exercisable on or before 31 January 2009 at a priceof 6.5p each. The Company will apply for the warrants to be admitted for trading on AIM. The Company's broker, Westhouse Securities LLP, has advised it expect to receiveall returned placing letters prior to the extraordinary general meeting ofshareholders scheduled for 6 April 2006. On that basis the Company expects itwill have its shares re-admitted for trading on AIM on Thursday 11 April 2006.It is expected the warrants will be admitted to trading on AIM on the same day. A Supplementary Admission Document is being finalised by the Company with itsadvisors and will be released to the market shortly. Yours faithfully Craig Burton Director This information is provided by RNS The company news service from the London Stock Exchange