Issue of Equity

 

TIDMTMP 
 
RNS Number : 7637S 
Templar Minerals Limited 
15 September 2010 
 

  Templar Minerals Ltd/ Epic: TMP / Market: AIM / Sector: Mining & Exploration 
15 September 2010 
                            Templar Minerals Limited 
                          ('Templar' or 'the Company') 
 
                                Issue of Equity 
 
Templar Minerals Ltd, the AIM quoted international mining and exploration 
company, announces that, following the acquisition of Ortac Resources Plc, and 
as part of the Acquisition Agreement which is summarised in paragraph 6 of Part 
I of the Admission Document published on 30 July 2010, it has now issued to 
Tournigan Energy Ltd ("Tournigan") 87,688,530 new Ordinary Shares equal to the 
value of US$1,350,000 at a price of 1 pence per share. 
 
In addition Templar has paid $550,000 in cash to Tournigan as agreed. 
 
Application has been made for the 87,688,530 new Ordinary Shares, which will 
when issued rank pari passu with the existing Ordinary Shares in issue, to be 
admitted to trading on AIM and trading is expected to commence on 21 September 
2010.  Following the issue of the new Ordinary Shares as set out above, the 
total number of shares in issue will be 1,734,275,487. 
 
 
+------------------+-----------------------+--------------------+ 
| For further information please visit www.templarminerals.com  | 
| or contact:                                                   | 
|                                                               | 
+---------------------------------------------------------------+ 
| Vassilios        | Templar Minerals Ltd  | Tel: +44 (0) 20    | 
| Carellas         |                       | 7440 0646          | 
+------------------+-----------------------+--------------------+ 
| Charles Wood     | Templar Minerals Ltd  | Tel: +44 (0) 20    | 
|                  |                       | 7440 0646          | 
+------------------+-----------------------+--------------------+ 
| Roland Cornish   | Beaumont Cornish      | Tel: +44 (0) 20    | 
|                  | Limited               | 7628 3396          | 
+------------------+-----------------------+--------------------+ 
| Rosalind Hill    | Beaumont Cornish      | Tel: +44 (0) 20    | 
| Abrahams         | Limited               | 7628 3396          | 
+------------------+-----------------------+--------------------+ 
| Hugo de Salis    | St Brides Media &     | Tel: +44 (0) 20    | 
|                  | Finance Ltd           | 7236 1177          | 
+------------------+-----------------------+--------------------+ 
| Susie Callear    | St Brides Media &     | Tel: +44 (0) 20    | 
|                  | Finance Ltd           | 7236 1177          | 
+------------------+-----------------------+--------------------+ 
| Lottie           | St Brides Media &     | Tel: +44 (0) 20    | 
| Brocklehurst     | Finance Ltd           | 7236 1177          | 
+------------------+-----------------------+--------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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