5 Feb 2010 07:00
ο»Ώ
Regency Mines PLC
('Regency', 'Regency Mines' or the 'Company')
Β
Issue of Equity
Β
05Β JanuaryΒ 2010
Β
Regency Mines,Β the mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New GuineaΒ announces thatΒ it yesterday placed 4,000,000Β new ordinary shares of 0.1 pence each ('Ordinary Shares')Β in the CompanyΒ at a price ofΒ 1.4Β pence per Ordinary Share, for an aggregate subscription amount of Β£56,000.
Β
Application has been made to the London Stock Exchange for the new Ordinary Shares,Β which rank pari passu with the Company's existing issued Ordinary Shares,Β to be admitted to trading onΒ AIM. It is expected that admission will become effective andΒ that trading will commence onΒ 10Β FebruaryΒ 2010.
Β
Following the issue of theΒ new Ordinary SharesΒ the Company's issued ordinary share capital, as enlarged by theΒ newΒ Ordinary Shares, will beΒ 408,756,777Β Ordinary Shares.
Β
For furtherΒ informationΒ contact:
Β
Β
|
Andrew Bell |
0207 402 4580 or 07766 474849 |
Regency MinesΒ plc |
Chairman |
|
Peter Trevelyan-Clark/Ben Jeynes |
020 7444Β 0800Β |
Blomfield Corporate Finance Ltd |
Nominated Adviser |
|
Nick Emerson |
01483 413500 |
Simple Investments Ltd |
Broker |
|
Ron MarshmanΒ |
020 7011 9411 |
Lothbury FinancialΒ Limited |
Public Relations |
Β
Follow the stocks