Issue of New Shares

RNS Number : 6542V

Papua Mining Plc

30 October 2014

 



Papua Mining plc

Issue of New Shares

Papua Mining plc ("Papua" or the "Company") announces that on 29 October 2014 the Company issued 30,000 new ordinary shares of £0.10 each in the Company (the "New Shares") following the exercise of warrants.

Application has been made for the New Shares to be admitted to trading on AIM ("Admission"), with Admission expected to take place on 4 November 2014. The New Shares will rank pari passu with the Company's existing ordinary shares.

Following Admission, Papua's total issued and voting share capital will comprise 51,215,534 ordinary shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, securities of the Company.

**ENDS**

For further information on the Company please visit www.papuamining.com or contact the following:

Papua Mining plc, Hugh McCullough, Chief Executive Officer	[phone]
Cenkos Securities - Nominated Adviser & Broker, Derrick Lee/Alan Stewart	[phone]
Square1 Consulting - Financial Public Relations, David Bick/Mark Longson	[phone]

 

END

 

 

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