Exercise of Warrants

Ovoca Gold PLC
20 June 2006



Ovoca Gold plc



20 June 2006







                   Ovoca Gold plc ('Ovoca' or the 'Company')





                              Exercise of Warrants







Following the exercise of 100,000 warrants over ordinary shares in Ovoca, the
Company has issued 100,000 new ordinary shares. The warrants were issued in June
2005 and exercisable at €0.13.











Ends













This announcement has been issued through the Companies Announcement Service of

                           The Irish Stock Exchange.








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