ORI Oriel Res.

    RNS Number : 2702A
  Oriel Resources PLC
  31 July 2008
   

    31 July 2008

    Oriel Resources PLC ("Oriel" or the "Company") 
    Exercise of Warrants

    Oriel Resources plc (AIM:ORI, TSX:ORL) announces that warrants (AIM:ORIW) over ordinary shares of 1p each in the share capital of the
Company were exercised on 29 July 2008.

    Details of the warrants exercised are as follows:

    
 Number of warrants  Exercise Price
 14,500                         75p

       
    Accordingly, application will be made for 14,500 ordinary shares of 1p each in the Company, which will rank pari passu with existing
ordinary shares, to be admitted to trading on AIM. The admission is expected to occur on or about 5 August 2008. Following the exercise of
these warrants the total issued capital of the Company will be 641,719,824 ordinary shares. 


    Enquiries:
    Oriel Resources Plc
    Tania Tchedaeva 020 7514 0590

    Canaccord Adams Limited
    Ryan Gaffney 020 7050 6500

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