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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:9653S
Oriel Resources PLC
23 April 2008
AIM: ORI
TSX: ORL
PRESS RELEASE
23 April, 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
23 April 2008.
Details of the warrants exercised are as follows:
Number of warrants Exercise Price
383,380 75p
Accordingly, application will be made for 383,380 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 29
April 2008. Following the exercise of these warrants the total issued capital of
the Company will be 639,723,213 ordinary shares.
ENDS
--------------------------------------------------------------------------------
For further information please contact:
Tania Tchedayeva, Assistant 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
Ryan Gaffney, Canaccord Adams Limited
Tel: +44 (0) 20 7050 6500
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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