Further re Oracle Coalfields

RNS Number : 2547X

Regency Mines PLC

02 December 2010

 



Regency Mines PLC

('Regency', 'Regency Mines' or the 'Company')

Investment in Oracle Coalfields PLC

2 December 2010

Further to the Company's announcement of 12 November 2010, Regency Mines is pleased to announce that the subscription by Regency for 18,500,000 new ordinary shares of 1p each in Oracle Coalfields PLC ("Oracle") at a price of 5.5 pence per share has now been completed.

As a result, and following purchases in the market, Regency is now interested in a total of 20,750,000 ordinary shares in Oracle, representing 11.26 per cent of Oracle's issued share capital.

Enquiries:

Andrew Bell	0207 402 4580 or 07766 474849	Regency Mines plc	Chairman
Sandra Spencer	0207 402 4580 or 07757 660 798	Red Rock Resources plc	Public and Investor Relations
Peter Trevelyan-Clark/ Ben Jeynes	020 7444 0800	Religare Capital Markets	Nominated Adviser
Nick Emerson	01483 413500	Simple Investments Ltd	Broker

Updates on the Company's activities are regularly posted on its website, www.regency-mines.com.

 

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