27 Jun 2008 13:30
FOR IMMEDIATE RELEASE 27 June 2008
Sirius Exploration Plc ("Sirius Exploration" or the "Company") Issue of Shares
Further to the announcement made on 19 June 2008 regarding Sirius Exploration's option to purchase up to 25% of the equity of certain tungsten production assets in Jiangxi Province and Guangxi, the Company has today issued 1,200,000 new ordinary shares at 1.5p per share to CIC Mining Resources in consideration for the purchase option.
The 1,200,000 new ordinary shares, which will represent 1.33 per cent of the enlarged issued share capital of the Company (90,435,973 ordinary shares), will rank pari passu in all respects with the existing ordinary shares in the Company.
Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM and dealings in the new ordinary shares are expected to commence on 3 July 2008.
A copy of this announcement is available on the Company's website: www.siriusexploration.com
For further information, please contact: Sirius Exploration Plc Richard Poulden (Chairman) Mobile: 07879 447 601 richard.poulden@siriusexploration.com Jonathan Harrison (Financial Director) Mobile: 07879 887 755 Beaumont Cornish Limited Tel: 020 7628 3396
Roland Cornish
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