Exercise of Options
17 April 2007 - 8:20PM
UK Regulatory
RNS Number:9791U
Oriel Resources PLC
17 April 2007
AIM: ORI
TSX: ORL
PRESS RELEASE
April 17, 2007
Oriel Resources Plc ("Oriel" or the "Company")
Exercise of Options
________________________________________________________________________________
Oriel Resources plc (AIM:ORI, TSX:ORL) announces that options over ordinary
shares of 1p each in the share capital of the Company under the Company's share
option scheme were exercised on 16 April 2007.
Details of the options exercised are as follows:
Number of options Exercise Price
50,000 15p
Accordingly, application will be made for 50,000 ordinary shares of 1p each in
the Company, which will rank pari passu with existing ordinary shares, to be
admitted to trading on AIM. The admission is expected to occur on or about 20
April 2007. Following the exercise of these options the total issued capital of
the Company will be 556,211,821 ordinary shares.
ENDS
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For further information please contact:
David Swan, Company Secretary, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Gavin Dallas, Marketing and PR, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Michael Padley / Michael Spriggs, Bankside Consultants
Tel: +44 (0) 20 7367 8888
Keith Schaefer, Vanguard Shareholder Solutions
Tel: + 1 604 608 0824
www.orielresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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