Substantial Investment
July 28 2005 - 12:08PM
UK Regulatory
RNS Number:4487P
Draganfly Investments Ltd
28 July 2005
DRAGANFLY INVESTMENTS LIMITED (the "Company")
28 July 2005
SUBSTANTIAL INVESTMENT
The Company announces that today it confirmed its participation in a placing by
Braemore Resources plc (BRR.L) ("Braemore"). The Company has purchased 3 million
Braemore ordinary shares of 0.1p each ("Braemore Shares") at the placing price
of 10p per Braemore Share, and recently acquired an additional 1.3 million
Braemore Shares in the open market, thereby making a total investment in 4.3
million Braemore Shares at an average price of 10.9p per Braemore Share.
Enquiries
Dennis Edmonds 07796 338 372
Peter Harris
Draganfly Investments Limited
Stephen Austin / Harry Nicholas 020 7426 9000
Teather & Greenwood
This information is provided by RNS
The company news service from the London Stock Exchange
END
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