Issue of Equity

17 Jan 2008 11:45

Regency Mines PLC17 January 2008 REGENCY MINES PLC Issue of Equity Dated: 17 January 2008 Regency Mines plc ("Regency" the "Company") the mining exploration and mineralinvestment company with interests in copper and nickel in Western Australia,Queensland, and Papua New Guinea, has issued a further 10,000,000 new ordinaryshares of 0.1p each in the capital of the Company (the "Shares") at 3p perShare, conditional on the Shares being admitted to trading on AIM. City Equities Limited has agreed to subscribe for 10,000,000 Shares at 3p perShare. Following the subscription, City Equities Limited will hold 10,000,000Shares, which is approximately 5.08% of the issued share capital as enlarged bythe placing. Following the issue of these Shares the Company's total issued share capitalwill be 196,940,662 Shares. Application has been made to the London StockExchange for the Shares to be admitted to trading on AIM. Dealings are expectedto commence at 8.00 a.m. on Wednesday 23 January 2008. Enquiries: Andrew Bell 0207 402 4580 Regency Mines plc Chairman or 07766 474849 John Simpson 020 7512 0191 Blomfield Corporate Finance Nominated Adviser Ltd Ron Marshman / John 020 7628 5518 City of London PR Limited Public RelationsGreenhalgh Updates on the Company's activities are regularly posted on its website, www.regency-mines.com This information is provided by RNS The company news service from the London Stock Exchange