Option Exercise

RNS Number : 7907K

Griffin Mining Ld

26 April 2010

 



60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7772  Facsimile:  + 44 (0)20 7629 7773

E mail: [e-mail]

OPTION EXERCISE

26^rd APRIL 2010.

Griffin Mining Limited ("Griffin" or the "Company") has been notified of the exercise of share purchase options over 166,666 new ordinary shares in Griffin at an exercise price of 20 pence per share.  These options were granted in October 2008 as part of the grant of options to key employees.

Application has today been made for the new ordinary shares issued on the exercise of the aforementioned options to be admitted to trading on AIM, which is expected to occur on 29^th April 2010. Following the issue of these new ordinary shares there will be 181,988,496 Griffin ordinary shares in issue.

Further information

Griffin Mining Limited

Mladen Ninkov - Chairman                                     Telephone: [phone]

Roger Goodwin - Finance Director

Investec Investment Banking:

Stephen Cooper                                                       Telephone:  [phone]

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).  The Company's news releases are available on the Company's web site: www.griffinmining.com

 

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