Total voting rights

 
TIDMMVA 
 
AIM 
Release 
                               1 May 2009 
 
 
                   Minerva Resources Plc (AIM:MVA) 
               ('Minerva Resources' or 'the Company') 
 
 
                         Total Voting Rights 
 
For the  purposes of  the transitional  provisions of  the  Financial 
Services Authority's Disclosure and Transparency Rules, the Company's 
total issued share capital at the date of this notice is 154,294,458. 
 
As approved at the General Meeting  on 25 February 2009, the  Company 
has conducted a reorganisation  of the share  capital, the effect  of 
which is  that  for each  issued  Ordinary Share  currently  held,  a 
shareholder will be issued with one  New Ordinary Share of 0.25p  and 
one Deferred Share with a nominal value of 2.25p. There was no change 
in the number of  Ordinary Shares in issue,  and since the rights  of 
the Deferred Shares were such that  they have no economic value,  the 
market price of  a New Ordinary  Share is therefore  the same as  the 
market  price   of  an   existing  Ordinary   Share  prior   to   the 
reorganisation. In addition, the  Company reorganised its  authorised 
but unissued share  capital to  the effect that  each authorised  but 
unissued Ordinary  Share  of 2.5p  will  be subdivided  into  10  New 
Ordinary Shares of 0.25p. Following this the unissued Ordinary Shares 
will have the same nominal value as the New Ordinary Shares. 
 
The Company's issued share capital therefore consists of  154,294,458 
ordinary shares of 0.25p each, with one voting right per share. There 
are no shares held in treasury. 
 
The total  number  of  voting  rights in  the  Company  is  therefore 
154,294,458. 
 
The above figure of  154,294,458 may be used  by shareholders as  the 
denominator for the calculations by which they will determine if they 
are required  to notify  their  interest in,  or  a change  to  their 
interest in, the Company, under the Disclosure and Transparency 
Rules. 
 
 
For further information please contact: 
 
 
 
Terry Ward 
Minerva Resources plc 
Tel: [phone] 
E-mail: [e-mail] 
            [e-mail] 
Web: www.minervaresources.com 
 
 
James Joyce / Sarang Shah 
W. H. Ireland 
Tel: [phone] 
[e-mail] 
 
Nick Rome 
Bishopgate Communications Ltd 
Tel: [phone] 
E-mail: [e-mail] 
 
 
 
Notes to Editors 
Minerva Resources plc is a UK based mineral exploration and 
development company quoted on London's Alternative Investment Market 
(AIM:MVA). The Company is intent on delivering shareholder value by 
increasing and developing its mineral resources in a socially and 
environmentally responsible manner. 
 
The main focus is resource development in Ethiopia where the Company 
has first-mover advantage on prospective ground on the Arabian-Nubian 
shield. Key projects include the gold resources at the Tulu Kapi 
Project, plus the Gudeya-Guji, Guji and Dina Prospects and the Yubdo 
Platinum Mine, located in western Ethiopia, some 560km west of Addis 
Ababa. 
 
Tulu Kapi was mined in the 1930s by an Italian company. In the 1970s, 
the United Nations Development Programme mapped and drilled Tulu 
Kapi. Tan Range Exploration carried out soil sampling, further 
mapping and drilling in the 1990s. These two phases of work confirmed 
mineralisation extending over a strike length of 1.5km. 
 
Minerva Resources has completed 33 diamond drill holes to date, at 
Tulu Kapi, on its resource drilling programme on a 600m section, 
after encouraging Minerva Resources ground mapping, data 
reinterpretation and excellent scout drilling results. 
 
Scout drilling programmes have been completed at the Gudeya-Guji, 
Guji and Dina gold prospects, which are located in close proximity to 
Tulu Kapi. The drilling has shown mineralised intersections on all 
three prospects. 
 
The results from the drilling on Tulu Kapi, which are shown in the 
latest drilling report announcement on the Company's website, 
www.minervaresources.com, and the satellite prospects and their close 
proximity point towards a new gold province with the potential for 
the establishment of a 'one treatment plant - multiple feed 
scenario'. 
The Company is examining the potential to expand the small scale 
platinum production operations at Yubdo, some 25km from the Tulu Kapi 
Project. A pilot gravity recovery plant has been installed, a 
metallurgical research programme has been initiated and further 
exploration activities have commenced on the 9km by 1.5km surface 
expression of the orebody. 
 
In Sierra Leone, the Company holds gold, platinum and diamond 
exploration licences, which will for the most part continue to be 
developed by existing Joint Venture partners. 
 
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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.