Sch 1 update - Canisp plc

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

Canisp plc ("Canisp" or the "Company") (to be renamed Tri-Star Resources plc)

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

2nd Floor, Stanmore House, 29-30 St James's Street, London SW1A 1HB, United Kingdom (Registered Office)

Ozyurt Mahallesi, Kutahaya Yolu Uzeri 1km No. 2, Gediz/Kutahya, Turkey

(Principal Place of Business)

COUNTRY OF INCORPORATION:

England & Wales

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

www.canispplc.com and/or www.tri-starresources.com

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Canisp is currently an investing company. Following completion of the acquisition of Üç Yildiz Antimon Madencilik Ithalat Ve Ihracat Sanayi ve Ticaret Anonim Sirketi ("Tri-Star") and the change of the Company's name to Tri-Star Resources plc, its primary objective on admission to trading on AIM ("Admission") is to create long term shareholder value through the discovery, analysis and exploitation of antimony in Turkey.

Main country of operation: Turkey

Admission is sought in connection with a reverse take-over under AIM Rule 14

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

3,994,047,275 ordinary shares of 0.005p each ("Ordinary Shares")

ISIN: GB0033646281

AIM Symbol: CN (to be changed to TSTR)

Some Ordinary Shares are subject to lock-in agreements for a period of 12 months from admission and orderly market agreements for a further 12 months after the completion of the lock-in period.

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

Capital to be raised on Admission: £155,000 to be raised at a subscription price of 0.005p

Anticipated market capitalisation on Admission: £2.83 million (based on the closing middle market share price of 0.33p on 11 February 2010, being the last business day prior to suspension)

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

75.61 per cent.

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

Directors

Michael (Mike) Hirschfield (Executive Chairman)

Joanna Unden (Non-Executive Director)

Proposed Directors after Admission

Michael (Mike) Hirschfield (Executive Chairman)

Adrian Collins (Proposed Non-Executive Chairman)

Jos Trusted (Proposed Non-Executive Director)

Jonathan Quirk (Proposed Non-Executive Finance Director)

Brian Spratley (Proposed Executive Director and Chief Executive)

Mehmet Vehbi Eyi (Proposed Executive Director)

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

None

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 31 March

(ii) 31 March 2010

(iii) 30 September 2010

31 March 2011

30 September 2011

EXPECTED ADMISSION DATE:

27 August 2010

NAME AND ADDRESS OF NOMINATED ADVISER:

Strand Hanson Limited

26 Mount Row

London W1K 3SQ

United Kingdom

NAME AND ADDRESS OF BROKER:

Keith Bayley Rogers & Co.

2nd Floor Finsbury Tower

103-105 Bunhill Row

London EC1Y 8LZ

United Kingdom

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

Copies of the admission document will be available to the public free of charge at the offices of Strand Hanson Limited at 26 Mount Row, London W1K 3SQ during normal business hours on any weekday (other than Saturdays and public holidays), until one month following the date of Admission.

Strand Hanson Limited

26 Mount Row

London W1K 3SQ

DATE OF NOTIFICATION:

16 August 2010

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