RNS Number:6615M
AfriOre Limited
24 November 2006

Afriore Limited (the "Company" or "Afriore")



Issue of Equity



24 November 2006



AfriOre Limited announces that Board approval has been given for the issue of
47,000 common shares pursuant to the exercise of share options. The new common
shares of nil par value will rank pari passu with the existing common shares.



Accordingly, application has been made for 47,000 new common shares to be
admitted to trading on AIM which is expected on 28 November 2006.



Following this, the number of common shares in issue in the Company is
51,328,827.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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