Transaction in Own Shares
60 St James's Street, London SW1A 1LE, United Kingdom
Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773
E mail: griffin@griffinmining.com
Transaction in Own Shares
3rd March 2011
Griffin Mining Ltd ("the Company") announces that on 2nd March 2011 Panmure Gordon purchased 100,000 of the Company's own ordinary shares ("Ordinary Shares") at an average price of 65p per share on behalf of the Company in accordance with the irrevocable and non-discretionary arrangement with Panmure Gordon, as announced on 1st February 2011. The Ordinary Shares have been purchased for cancellation (the "Purchase and Cancellation").
The purchase represented 0.05% of the Company's issued share capital before the Purchase and Cancellation and was pursuant to the byelaws of the Company and a resolution passed by the directors.
Following the cancellation of these Ordinary Shares there will be 178,591,830 Ordinary Shares in the Company in issue. There are no shares held in treasury.
For further enquiries:
Griffin Mining Limited +44 (0) 20 7629 7772
Mladen Ninkov, Chairman
Roger Goodwin, Finance Director
Panmure Gordon (UK) Limited +44 (0) 20 7459 3600
Dominic Morley
Hannah Woodley
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
This information is provided by RNS