Keras Resources PLC Exercise of Warrants (7482K)
24 September 2016 - 3:03AM
UK Regulatory
TIDMKRS
RNS Number : 7482K
Keras Resources PLC
23 September 2016
Keras Resources plc / Index: AIM / Epic: KRS / Sector:
Mining
23 September 2016
Keras Resources plc ('Keras' or 'the Company')
Exercise of Warrants
Keras Resources Plc, the AIM quoted gold mining company,
announces that it has received notice of exercise in respect of
3,000,000 warrants at a price of 0.5p each. Accordingly the Company
has today issued 3,000,000 ordinary shares of 0.1p ('New Ordinary
Shares') arising from the exercise.
The Company has applied for admission of the 3,000,000 New
Ordinary Shares to trading on AIM. Dealings are expected to become
effective on 29 September 2016 ('Admission').
Following Admission, the Company will have 1,347,969,623
ordinary shares in issue with each share carrying the right to one
vote. There are no shares currently held in treasury. The total
number of voting rights in the Company therefore will be
1,347,969,623 and this figure may be used by shareholders as the
denominator for the calculations by which they determine if they
are required to notify their interest in, or a change to their
interest in, the Company under the Financial Conduct Authority's
Disclosure Rules and Transparency Rules.
**ENDS**
For further information please visit www.kerasplc.com, follow us
on Twitter @kerasplc or contact the following:
Dave Reeves Keras Resources plc dave@kerasplc.com
Nominated Adviser
Gerry Beaney/David Hignell Northland Capital Partners Limited +44 (0) 20 3861 6625
Broker
Elliot Hance/Jonathon Belliss Beaufort Securities Limited +44 (0) 20 7382 8415
Financial PR
Elisabeth Cowell/ Frank Buhagiar St Brides Partners Limited +44 (0) 20 7236 1177
This information is provided by RNS
The company news service from the London Stock Exchange
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