14 Mar 2014 07:23
Paternoster Resources plc
("Paternoster" or the "Company")
Announcement by Astar
Paternoster is pleased to note the announcement today in relation to one of its investments, Astar Minerals plc ("Astar").
Astar announced today that it has conditionally raised £1.05 million via a proposed placing. In order to effect the placing, Astar will require shareholder consent to, inter alia, increase its existing authority to allot shares for cash on a non pre-emptive basis. Accordingly, a circular, which contains further details of the proposed placing, will today be posted to all Astar shareholders together with a Notice of General Meeting.
For more information please contact:
Paternoster Resources plc: | |
Nicholas Lee, Chairman | +44 20 7580 7576 |
Nominated Advisor and Joint Broker: | |
Westhouse Securities | |
Antonio Bossi / Paul Gillam | +44 20 7601 6100 |
Joint Broker: | |
Peterhouse Capital Limited | |
Jon Levinson | +44 20 7562 3351 |
Riverfort (RGO)