Orogen Gold Regulatory News (ORE)

15 Mar 2005 12:34

Aricom PLC15 March 2005 15 March 2005 New Aricom plc shares begin trading on AIM London, March 15 2005, Aricom plc, the titanium dioxide company with operationsin Russia, announces that 38.25 million new ordinary shares began trading on AIMtoday. These shares were issued pursuant to the placing announced on February 162005, approved at the company's Extraordinary General Meeting ("EGM") held on 11March 2005 The net proceeds of the placing of approximately £9.6 million (US$18.0 million)are to be used to continue with Aricom's plans to become a vertically-integratedlow cost producer of titanium dioxide focused on the Chinese and Russian markets Enquiries: Tom Swithenbank 020 7201 8939Aricom plc Tom Randell / David Simonson 020 7653 6620Merlin This information is provided by RNS The company news service from the London Stock Exchange