27 June 2012
METALS EXPLORATION PLC
ISSUE OF EQUITY
Metals Exploration plc (AIM: MTL) ("Metals Exploration" or "the Company"), announces that, following the exercise of warrants at 3.25p per share, the Company has today issued and allotted 4,000,000 new ordinary shares of 1p each.
Following the issue of the new shares there are 698,673,626ordinary shares of 1p each in issue with each share carrying the right to one vote. Application will be made for the new shares to be admitted to trading on AIM which is expected to occur on 3 July 2012.
For further information please visit: www.metalsexploration.com or contact:
Metals Exploration PLC info@metalsexploration.com
Ian R. Holzberger +63 (0) 9189 795 992
+61 (0) 418 886 165
(Chairman)
Liam A. Ruddy +44 (0) 207 869 5109
+44 (0) 7911 719960
(Company Secretary)
Nominated Adviser
Westhouse Securities Ltd
Martin Davison +44 (0) 207 601 6114
Public Relations
Tavistock Communications
Edward Portman +44 (0) 207 920 3168
Jos Simson +44 (0) 207 920 3157