9 Feb 2015 07:00
09 February 2015
Polo Resources Limited
("Polo" or the "Company")
UPDATE RE WEATHERLY INTERNATIONAL PLC OPTION
Polo Resources Limited (AIM: POL), the natural resources exploration investment company with interests in oil and gas, gold, coal, iron ore, phosphate and copper, announces that it has allowed its right to subscribe for a further 51,984,748 Weatherly International Plc ordinary shares at a Subscription Price of 2.925 pence per share to lapse, unexercised.
For further information, please contact:
Polo Resources Limited Kudzayi Denenga, Investor Relations
| + 27 (0) 787 312 919 |
ZAI Corporate Finance Ltd (nominated adviser) Ray Zimmerman, Peter Trevelyan-Clark
| +44 (0) 20 7060 2220 |
Liberum Christopher Britton | +44 (0) 20 3100 2000 |
Blytheweigh Tim Blythe, Halimah Hussain | +44 (0) 207 138 3204 |
About the Company
Polo Resources Limited is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. For complete details on Polo, refer to: www.poloresources.com.
POL.L (POL)
Weatherly International Plc (WTI)