Issue of Equity
05 March 2009
AIM quoted - Strategic Natural Resources PLC (”SNR” or “the Company”) announces that following an earlier announcement on 18 February 2009 that it had raised £309,450 through the issue of 3,438,333 new ordinary shares, via a placing by HB Corporate (”the Placing”), and that the new ordinary shares have now been issued and allotted.
The new ordinary shares will rank in full for all dividends or other distributions hereafter declared, made or paid on the ordinary share capital of the Company and will rank pari passu in all other respects with all other ordinary shares in issue.
Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM and it is expected that the new ordinary shares will be admitted to trading on 12 March 2009.
For further information, please contact:
Strategic Natural Resources plc
David Nel, Chief Executive Officer
+27 (0) 41 374 0842
Jeremy Metcalfe, Communications Director
+44 (0)7785 346 718
Nominated Adviser and Joint Broker - Allenby Capital Limited
Nick Naylor / Alex Price / James Reeve
+44 (0) 20 3328 5656
Joint Broker - SP Angel Corporate Finance Limited
Emin Eyi / Tercel Moore
+44 (0) 207 647 9646
FTI Consulting
Ben Brewerton / Georgia Mann
+44 (0)207 831 3113