SNRP.L Regulatory News (SNRP)

5 Mar 2009 08:00



05 March 2009

Strategic Natural Resources plc (AIM: SNRP)

Issue of Equity 

AIM quoted - Strategic Natural Resources PLC ("SNR" or "the Company") announces that following an earlier announcement on 18 February 2009 that it had raised £309,450 through the issue of 3,438,333 new ordinary shares, via a placing by HB Corporate ("the Placing"), and that the new ordinary shares have now been issued and allotted.

The new ordinary shares will rank in full for all dividends or other distributions hereafter declared, made or paid on the ordinary share capital of the Company and will rank pari passu in all other respects with all other ordinary shares in issue. 

Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM and it is expected that the new ordinary shares will be admitted to trading on 12 March 2009.

For further information contact:

The Company:

Jeremy Metcalfe, Chief Executive Officer 

Strategic Natural Resources PLC 

Tel: +441303 874 798

David Nel, Chief Operations Officer 

Strategic Natural Resources PLC Tel: + 27 41 374 0842

Nominated Adviser:

Rod Venables/James Reeve 

HB Corporate Tel: +44 20 7510 8600

Broker:

Nicholas Malins-Smith/James WoodHichens, Harrison plc Tel: +44 20 7382 4450