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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Kiwara | LSE:KIW | London | Ordinary Share | GB0007702953 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 77.50 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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TIDMKIW
RNS Number : 2444W
Kiwara PLC
24 July 2009
Kiwara plc
Registration number: 01760458
JSE: KWR
AIM: KIW
ISIN: GB0007702953
("Kiwara" or the "Company")
Issue of 3,875,001 new ordinary shares
The Company is pleased to announce that Kiwara has conditionally placed
3,875,001 new ordinary shares of 1p each in the Company with investors in London
at a strike price of 36 pence per share raising GBP1.395 million before
expenses.
The purpose of the placing is to enable the Company to increase its holding in
its Zambian based subsidiary Kalumbila Minerals Limited and for general working
capital purposes.
Application will be made for the admission to trading of the new ordinary shares
on AIM and the JSE Limited on 31 July 2009.
About Kiwara:
Kiwara is an exploration company with a focus on base metals in the Republic of
Zambia, which is a major copper producing country.
Kiwara, through its majority owned subsidiary, Kalumbila Minerals Ltd, holds
Prospecting Licence 267 which is within the Kabompo Dome in North Western
Zambia, a geologically complex antiformal feature, which contains a number of
base metal and uranium targets. This is within the area considered to be the
western extension of the Copperbelt, an increasingly significant mining area
that contains the recently developed Kansanshi and Lumwana copper mines.
For further information, please contact:
+-----------------------------+---------------------------------------------+
| Kiwara Plc | Tel: +44 (0)207 581 |
| | 4477 |
+-----------------------------+---------------------------------------------+
| Colin Bird/Raju Samtani | |
+-----------------------------+---------------------------------------------+
| | |
+-----------------------------+---------------------------------------------+
| FinnCap, London | |
+-----------------------------+---------------------------------------------+
| Matthew Robinson / | Tel: +44 (0) 20 7600 |
| Ed Frisby, Corporate | 1658 |
| Finance | |
+-----------------------------+---------------------------------------------+
| | |
+-----------------------------+---------------------------------------------+
| Sasfin, Johannesburg | |
+-----------------------------+---------------------------------------------+
| Leonard Eiser, Corporate | Tel: +27 (0) 11 |
| Finance | 809 7511 |
+-----------------------------+---------------------------------------------+
| | |
+-----------------------------+---------------------------------------------+
| Bishopsgate Communications | |
| Ltd | |
+-----------------------------+---------------------------------------------+
| Suzanne Johnson-Walsh | Tel: +44 (0)20 7562 3359 |
+-----------------------------+---------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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