VDM Van Dieman

RNS Number:4187A
Van Dieman Mines plc
18 July 2007

Van Dieman Mines Plc ("Van Dieman" or "the Company")

18 July 2007

Van Dieman Completes #0.25 million Placement.

Admission of Ordinary Shares

The Board of Directors has today announced that the Company has raised #0.237
million (net of expenses) by way of a placing of 2,000,000 new Ordinary Shares
at 12.5 pence per share ("Placing") and the issue of 1,000,000 warrants to
purchase Ordinary Shares at 15.25 pence per share at any time up until the fifth
anniversary of the warrant instrument. The placing shares and warrants have been
placed with an institutional investor.

Application has been made today for these shares to be admitted to AIM, and
trading is expected to commence on 24 July 2007.

This brings the total number of Ordinary Shares with voting rights to 93,692,107
which may be used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change in their interest in, the share capital of the Company
under the FSA's Disclosure and Transparency Rules.

The Company has undertaken the Placing principally to supplement working capital
in the pre-startup phase of the Scotia project.

For more information

VAN DIEMAN MINES plc                  Tel: +61 (0) 2 8908 5103
Clive Trist, Managing Director        Email: clive.trist@vandiemanmines.com

GRANT THORNTON CORPORATE FINANCE      Tel:  +44 (0) 20 7383 5100
Fiona Owen

BANKSIDE CONSULTANTS                  Tel: +44 (0) 20 7367 8888
Michael Padley




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

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