Nyota Minerals Regulatory News (NYO)

20 Mar 2007 11:16

Dwyka Resources Limited20 March 2007 DWYKA RESOURCES LIMITED ISSUE OF SHAREHOLDER PURCHASE PLAN AND PLACEMENT SHARES Dwyka Resources Limited ("Dwyka" or the "Company") advises that it has todayissued and allotted 16,129,032 fully paid ordinary shares ("Shares") at an issueprice of A$0.31, to raise A$5 million, before costs, pursuant to an underwrittenShare Purchase Plan and placement as approved by shareholders at a generalmeeting held on 12 March 2007. The Share Purchase Plan and placement was underwritten by Montagu StockbrokersPty Ltd. The funds raised will be applied to development and exploration of theCompany's Muremera project and to continue the development of the Company'sdiamond assets. Application has now been made to the AIM Market of the London Stock Exchange("AIM") for 16,129,032 Shares to be admitted to trading on AIM ("Admission").Admission is expected to occur at 8.00am on 23 March 2007. Following this issue Dwyka now has 119,579,181 shares in issue. For further information please contact: In Australia Adrian Griffin, Melissa Sturgess Dwyka Diamonds Limited (+618) 324 2955 In United Kingdom Richard Brown Ambrian Partners Limited (+44) 20 7776 6417 Laurence Read/Leesa Peters Conduit PR (+44) 20 7429 6605/(+44) 20 7429 6600 Or visit: http://www.dwyresources.com This information is provided by RNS The company news service from the London Stock Exchange