Grant of warrants

1 Nov 2007 12:11

Tertiary Minerals PLC01 November 2007 Tertiary Minerals plc (or the "Company") Grant of warrants Tertiary Minerals announces today that it has granted 1,600,000 warrants on 31October 2007 at an exercise price of 8.75p to employees and directors of theCompany. The grants included the following directors: Name Number of warrants granted Patrick Cheetham (Executive Chairman) 1,000,000David Whitehead (Non-executive Director) 100,000Donald McAlister (Non-executive Director) 100,000 The warrants are not exercisable until the first anniversary of the date ofgrant and may not in any event be exercised later than the sixth anniversary ofthe date of grant. Enquiries: Patrick Cheetham Tertiary Minerals plc 01625 626203 Jonathan Wright/Matt Thomas Seymour Pierce Ltd 020 7107 8000 John Greenhalgh/Ron Marshman City of London Public Relations 020 7628 5518 This information is provided by RNS The company news service from the London Stock Exchange