Issue of Equity

23 Dec 2005 10:10

Griffin Mining Ld23 December 2005 23 DECEMBER 2005 EXERCISE OF WARRANTS Griffin Mining Limited ("Griffin" or the "Company") has been notified that C3Consultants has exercised warrants over 500,000 new ordinary shares in Griffinat an exercise price of 40 pence per share to raise £200,000 for the Company.Theses warrants were granted to C3 Consultants in July 2004 in consideration forInvestor Relations services. Application has today been made for the new ordinary shares issued on theexercise of the aforementioned warrants to be admitted to trading on AIM, whichis expected to occur on 3 January 2006. Following the issue of these newordinary shares there will be 183,527,731 Griffin ordinary shares in issue. Further information Mladen Ninkov - Chairman Telephone: +44(0)20 7629 7772Roger Goodwin - Finance DirectorGriffin Mining Limited Andrew Smith/Martin Eales Telephone:+44(0)20 7523 8350Collins Stewart Limited Hugo de Salis Telephone: +44(0) 20 7242 4477St Brides Media & Finance Ltd Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM). The Company's news releases are available on the Company's web site: www.griffinmining.com This information is provided by RNS The company news service from the London Stock Exchange