Regency Mines PLC
('Regency', 'Regency Mines' or the 'Company')
Issue of Equity
24 November 2009
Regency Mines, the mining exploration and mineral investment company with interests in copper and nickel in Western Australia, Queensland, and Papua New Guinea announces that it has issued 5,250,000 new ordinary shares of 0.1p each in the capital of the Company (the "New Shares") at 1.923p per Share, to raise approximately £100,000 before expenses, conditional on the Shares being admitted to trading on AIM.
Application has been made to the London Stock Exchange for the New Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. It is expected that admission will become effective and that trading will commence on 30 November 2009.
Following the issue of the New Shares the Company's issued ordinary share capital, as enlarged by the New Shares, will be 389,379,384 Ordinary Shares.
For further information contact:
Andrew Bell |
0207 402 4580 |
Regency Mines plc |
Chairman |
Peter Trevelyan-Clark/Ben Jeynes |
020 7444 0800 |
Blomfield Corporate Finance Ltd |
Nominated Adviser |
Nick Emerson |
01483 413500 |
Simple Investments Ltd |
Broker |
Ron Marshman /John Greenhalgh |
020 7011 9411 |
Lothbury Financial Limited |
Public Relations |