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Issue of Shares

15 May 2009 09:30

RNS Number : 3242S
EMED Mining Public Limited
15 May 2009
 



AIM: EMED 15 May 2009

ISSUE OF SHARES

EMED Mining Public Limited (the "Company") wishes to announce that it has issued 2,073,209 ordinary shares in the Company to YA Global Investments Limited ("YA") as repayment of the loan advance that the Company has in place with YA. Upon repayment of this facility by January 2010, at the Company's election in cash or shares at prevailing market prices, the £10 million standby SEDA Facility becomes available for use by the Company. For further details please refer to the Company's website for disclosures for Shareholders' Meeting of 23 March 2009. 

Enquiries

EMED Mining

Fox-Davies Capital

RFC Corporate Finance

Bishopsgate Communications

Harry Anagnostaras-Adams

Jason Bahnsen

Stuart Laing

Nick Rome

+357 9945 7843

+44 (0)207 936 5230

+618 9480 2500

+44 (0)207 562 3350

This information is provided by RNS
The company news service from the London Stock Exchange
 
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