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| 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 |
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RNS Number : 5156Y
Oriel Resources PLC
07 July 2008
AIM: ORI
TSX: ORL
PRESS RELEASE
7 July, 2008
Oriel Resources Plc ("Oriel" or the "Company")
Exercise of Warrants
_________________________________________________________________________ _____________
Oriel Resources plc (AIM:ORI, TSX:ORL) announces that warrants (AIM:ORIW) over ordinary shares of 1p each in the share capital of the
Company were exercised on 4 July 2008.
Details of the warrants exercised are as follows:
Number of warrants Exercise Price
10,000 75p
Accordingly, application will be made for 10,000 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 11 July 2008. Following the exercise of
these warrants the total issued capital of the Company will be 641,685,324 ordinary shares.
ENDS
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For further information please contact:
Alexander Tolkach
Head of International Relations & Affairs Relations, Mechel OAO
Tel: +7 495 221 8888
Tania Tchedaeva, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Gavin Dallas, Investor Relations, Oriel Resources Plc
Tel: +44 (0) 20 7514 0590
Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500
This information is provided by RNS
The company news service from the London Stock Exchange
END
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