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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

17/04/2007 11:20am

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

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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