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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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RNS Number:7170Q
Kiwara PLC
25 March 2008
25 March 2008
KIWARA PLC
ISSUE OF SHARES
Placing raises £710,000 to accelerate exploration programme
Kiwara plc (the "Company"), the AIM-listed mineral resources company, has raised
a total of £710,000 by way of a Placing to new and existing investors of
3,550,000 new ordinary shares of one pence each ("Ordinary Shares") at an issue
price of 20p per Ordinary Share.
The capital raised will provide the Company with additional funds to accelerate
the exploration of its nickel/copper/cobalt/Uranium projects in Zambia.
Application has been made for the admission of the new Ordinary Shares to
trading on AIM and dealings are expected to commence on 31 March 2008.
Geiger Counter Limited subscribed for 2,500,000 Ordinary Shares as part of the
above Placing and has notified the Company that it currently has an interest in
14,057,500 Ordinary Shares representing 8.76% of the issued share capital of the
Company. The total number of Kiwara Ordinary 1p shares outstanding following
this placing is 160,485,010.
Enquiries:
Kiwara plc
Colin Bird, Chairman +44 (0) 20 7581 4477
Investec Bank (UK) Limited
Gerard Kisbey-Green / Jan Bosch +44 (0) 20 7597 5000
Bishopsgate Communications Ltd +44 (0) 20 7562 3366
Nick Rome
This information is provided by RNS
The company news service from the London Stock Exchange
END
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