Serabi Mining plc
Published: 16:03 CEST 16-06-2010 /HUGIN /Source: Serabi Mining plc /XLON: TICKER SRB /ISIN: GB00B074J639
Share Issue
SERABI MINING plc
("Serabi" or "the Company")
Share issue
Further to the announcement earlier today that the Board of Serabi has entered into a conditional share subscription agreement with Eldorado Gold Corporation, application has been made to the London Stock Exchange for 120,000,000 new Ordinary Shares to be admitted to trading on AIM.
It is expected that Admission will become effective and that dealings in the new Ordinary Shares will commence on AIM at 8.00 a.m.
on 22 June 2010.
The enlarged issued share capital of Serabi following Admission will be 447,740,595 Ordinary Shares in aggregate.
The new Ordinary Shares will, when issued and fully paid, rank pari passu in all respects with the existing Ordinary Shares including the right to receive all dividends and other distributions declared, made or paid after the date of their issue.
Enquiries:
Serabi Mining plc |
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Clive Line |
Tel: 020 7246 6830 |
Finance Director |
Mobile: 07710 151692 |
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Email: |
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Website: www.serabimining.com |
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Beaumont Cornish Limited
Nominated Adviser and Broker |
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Roland Cornish |
Tel: 020 7628 3396 |
Michael Cornish |
Tel: 020 7628 3396 |
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