RNS Number : 9730A
05 April 2012
FOR IMMEDIATE RELEASE 5 April 2012
("TXO" or the "Company")
EXERCISE OF WARRANTS
The Board of TXO has issued and allotted 17,000,000 new Ordinary Shares of 0.1p each at a price of 0.5p per Ordinary Share following receipt of a form of notice of exercise of warrants. The funds received by the Company on exercise of the warrants totalled £85,000.
The new Ordinary Shares will rank, pari passu, with the existing ordinary shares. Application has been made for these new Ordinary Shares to be admitted to trading on AIM and admission is expected to take place on or around 13 April 2012.
This brings the total number of Ordinary Shares in the Company with voting rights to 495,002,580.
For further information, please contact:
Tim Baldwin, Chairman +44 (0) 771 287 2820
Beaumont Cornish Limited
Roland Cornish and James Biddle +44 (0) 20 7628 3396
This information is provided by RNS
The company news service from the London Stock Exchange