16 Jan 2014 13:40
Tri-Star Resources PLC ("Tri-Star" or the "Company")
Issue of Equity and Total Voting Rights
16 January 2014
Tri-Star (AIM: TSTR), the integrated antimony development company, announces that as part of the fee arrangements with SP Angel Corporate Finance LLP ("SP Angel"), the Company has issued a total of 1,568,193 new ordinary shares of 0.005p each in the Company to SP Angel at an average 10 day VWAP of 0.310 pence for a total value of approximately £4,560 ("New Shares").
Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM. It is expected that admission will become effective and that trading in the New Shares will commence on 22 January 2014 ("Admission").
Total Voting Rights
Following Admission of the New Shares and for the purposes of the FCA's Disclosure and Transparency Rules, the Company advises that the total number of shares in issue and total voting rights will be 6,845,114,725 Ordinary Shares of 0.005p each.
Tri-Star does not currently hold any shares in treasury and, therefore, the above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company.
Enquiries:
Tri-Star Resources Plc
Emin Eyi, Managing Director Brian Spratley, Technical Director
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Tel: +44 (0) 20 3463 2260 Tel: +44 (0) 1233 629 550 |
SP Angel Corporate Finance LLP (Nomad and Broker) Robert Wooldridge / Katy Birkin
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Tel: +44 (0) 20 3463 2260 |
Yellow Jersey PR Limited (Financial PR) Dominic Barretto / Kelsey Traynor
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Tel: +44 (0) 7768 537739 |
Keith, Bayley Roger & Co (Joint Broker) Brinsley Holman
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Tel: +44 (0) 20 3100 8300 |
About Tri-Star Resources
Tri-Star Resources is a focused antimony company whose management has many years experience in trading and mining this critical mineral. The Company's objective is to become the leading integrated antimony metal and products manufacturer to western economy consumers utilising an environmentally advanced 20,000 tonnes per annum name plate capacity antimony metal and tri-oxide production facility in the Gulf, with raw material supplied from its upstream resource projects in Turkey and Canada and from third party producers. The Company is seeking to utilise the technology of clean roasting of high value sulphide concentrates to apply to the processing of refractory gold ores.
www.tri-starresources.com
www.antimonyworld.com