Exercise of Warrants
July 27 2010 - 10:27AM
UK Regulatory
TIDMPMHL
RNS Number : 0124Q
Prosperity Minerals Holdings Ltd
27 July 2010
27 July 2010
Prosperity Minerals Holdings Limited
Exercise of warrants
Prosperity Minerals Holdings Limited ("Prosperity" or "the Company") announces
that 2,064,897 new ordinary shares of GBP0.01 each ("New Ordinary Shares") are
to be issued following the exercise of warrants.
Application has been made to the London Stock Exchange for the New Ordinary
Shares to be admitted to trading on AIM. Admission is expected to take place
tomorrow. The shares will rank pari passu with the existing issued ordinary
shares.
The Company also announces that the Board has approved the cancellation of all
shares held in Treasury, being 671,000 ordinary shares.
Following the issue of the New Ordinary Shares and the cancellation of the
shares held in Treasury, the Company's share capital will consist of 136,859,062
ordinary shares.
Further enquiries:
Prosperity Minerals Holdings Limited Tel: + 44 (0) 20 7638
9571
Patrick Li, Chief Financial Officer
Sandy Chim, Non Executive Director
Neelke Kruger, Investor Relations
Daniel Stewart & Company plc Tel: + 44 (0) 20 7776
6550
Emma Earl
Paul Shackleton
Citigate Dewe Rogerson Tel: + 44 (0) 20
7638 9571
Media enquiries: Martin Jackson
Analyst enquiries: Kate Lehane
This information is provided by RNS
The company news service from the London Stock Exchange
END
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