Investing policy implemented, trading restoration

RNS Number : 4463K

Reabold Resources PLC

25 June 2014

 



For immediate release                                                                                    25 June 2014

REABOLD RESOURCES PLC

"Reabold Resources" or the "Company"

Implementation of Investing Policy and Restoration of Trading

Further to the announcement of 23 June 2014, the Company has made the following investments:

Company	Number of Shares	Purchase Price per Share (£)	Total amount (£)	Put Strike Price (£)	Call Strike Price (£)
Rio Tinto	7,000	31.045	217,315	29	32
BHP Billiton	10,000	19.3225	193,225	18.5	19.5
BP	38,000	5.25708	199,769	5	5.4

As a result of the arrangements as set out above, and in the announcement of 23 June 2014 the Company has raised £875,000 in new equity and debt and will have made investments to a total value of £810,309.  

Accordingly the Company has implemented its investing policy, and restoration in trading in the Company's ordinary shares on AIM will take effect  today at 07.30.

For further information please contact:

Reabold Resources plc

Jeremy Edelman                                                [phone]

Antony Samaha

Beaumont Cornish Limited

Roland Cornish                                                  [phone]

Felicity Geidt

 

END

 

 

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