RNS Number:6628V
Tertiary Minerals PLC
14 December 2005
TERTIARY MINERALS PLC
ADDITIONAL LISTING
Further to the announcement made on 7 December 2005, the Company has today made
application for 5,000,000 new ordinary shares in the Company to be admitted to
trading on AIM.
These shares have been issued at a subscription price of 10p per share pursuant
to the terms of a Preliminary Agreement with a consortium of Saudi Arabian
investors to provide a funding package of up to US$7 million for the completion
of Preliminary and Bankable feasibility studies for the development of the
Companys world-class Ghurayyah tantalum-niobium project in Saudi Arabia.
2,500,000 of the new shares have been issued to each member of the consortium,
namely A.H.Algosaibi & Bros. Co. and AlNahla Trading & Contracting Co.
Dealings in the new ordinary shares are expected to commence on 20 December
2005.
This information is provided by RNS
The company news service from the London Stock Exchange
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