Placing, Total Voting Rights

RNS Number : 5843Z

Reabold Resources PLC

18 September 2015

 

For Immediate Release                                                                                  

18 September 2014

REABOLD RESOURCES PLC

(the "Company")

Placing

Total Voting Rights

Reabold Resources plc (AIM: RBD) the AIM quoted resources investment company announces the placement of 40,000,000 ordinary shares ('the Placing Shares'), at 0.5 pence per share to raise gross proceeds of £200,000 ('the Placing'), which will provide additional working capital for the Company. 

The Company has applied for the Placing Shares to be admitted to trading on the AIM market of the London Stock Exchange and admission is expected to occur on 24 September 2015 ("Admission"). The Placing Shares will rank pari passu with the Company's exiting ordinary shares and represent approximately 14.2% of the enlarged issued capital of the Company.

The total number of ordinary shares with voting rights in issue following Admission will be 280,915,896.

For further information please contact:

Reabold Resources plc Jeremy Edelman Anthony Samaha	[phone]
Beaumont Cornish Limited Roland Cornish Felicity Geidt	[phone]

 

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