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ORI Oriel Res.

121.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Oriel Res. LSE:ORI London Ordinary Share GB0034246743 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% 121.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Exercise of Options

14/07/2006 5:12pm

UK Regulatory


RNS Number:2506G
Oriel Resources PLC
14 July 2006



                                                                        


                 Oriel Resources Plc ("Oriel" or the "Company")

                              Exercise of Options
--------------------------------------------------------------------------------



Oriel Resources plc (AIM:ORI, TSX:ORL), announces today that options over
ordinary shares of 1p each in the capital of the Company under the Company's
share option scheme have been exercised.


Details of the options exercised are as follows:


Number of Options                 Exercise Price

166.667                           15p


Accordingly, application will be made for 166.667 ordinary shares of 1p 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 July 14 2006.


--------------------------------------------------------------------------------

For further information please contact:


David Swan, Financial Director and 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

ENDS
--------------------------------------------------------------------------------



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

END
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