Issue of Shares

RNS Number : 2974X

Hameldon Resources Limited

02 December 2010

 



HAMELDON RESOURCES LIMITED (AIM: HRE)

2 December 2010

ISSUE OF SHARES

Further to the announcement made on 22 November 2010 stating that HRE had placed 111,666,664 new ordinary shares of 0.25p each ("Placing Shares") with new and existing investors at a price of 0.60p per share to raise approximately £670,000 before expenses, the Board now confirms that conditions precedent to the issuance of the Placing Shares have been satisfied.

Application has therefore been made for admission of the 111,666,664 Placing Shares to trading on AIM ("Admission"). Admission is expected to occur on 7 December 2010. On Admission, the Placing Shares will rank pari passu with the existing Ordinary Shares in the Company.

Total Voting Rights

Following admission, the Company's enlarged issued share capital will comprise 371,764,866 ordinary shares with one voting right per share. The total number of voting rights in the Company is therefore 371,764,866.

This figure of 371,764,866 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

For further details, please contact:

Hameldon Resources Limited

Waseem Shiraz

[phone]

Tom Winnifrith
[phone]

Strand Hanson Limited

James Harris / Angela Peace/ Rory Chichester

[phone]

Bishopsgate Communications

Nick Rome 
[phone]

 

END

 

 

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