ORI Oriel Res.

    RNS Number : 8788A
  Oriel Resources PLC
  07 August 2008
   

    07 August 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 05 August 2008.

    Details of the warrants exercised are as follows:

 Number of warrants  Exercise Price
 1,086,186           75p
       
    Accordingly, application will be made for 1,086,186 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 13 August 2008. Following the exercise of
these warrants the total issued capital of the Company will be 642,806,010 ordinary shares. 


    Enquiries:
    Oriel Resources Plc
    Tania Tchedaeva 020 7514 0590


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