PRL Polo Res.(See LSE:POL)

 

TIDMPRL TIDMCDN 
 
RNS Number : 2701O 
Polo Resources Limited 
04 March 2009 
 

4th  March 2009 
 
 
POLO RESOURCES LIMITED 
 
 
("Polo" or the "Company") 
 
 
 
 
Polo Resources Limited (AIM: PRL) today announces the acquisition of a total of 
GBP4,700,000 8.5% unsecured convertible loan notes 2010 issued by Caledon 
Resources Plc (a company incorporated in England and Wales with registered 
number 3993115) (the "Loan Notes") and the issue of 162,629,750 new Ordinary 
Shares in the capital of the Company in satisfaction of the consideration of 
GBP4,700,000 payable for the Loan Notes. Application for the admission to AIM 
has been made and is expected on or about 9 March 2009. 
 
 
Polo is an emerging energy company focused on acquiring and developing advanced 
stage coal and uranium properties in Asia and Australia. For complete details on 
Polo Resources Limited, management encourages investors and interested parties 
to view its public documents at www.poloresources.com. 
 
 
Contacts: 
Polo Resources Limited 
Neil Herbert, Deputy Chairman 
Tel: +27 11 269 4906 
 
 
Canaccord Adams 
Mike Jones 
Ryan Gaffney 
Tel: +44 (0) 207 050 6500 
 
 
Financial Dynamics 
Ben Brewerton 
Edward Westropp 
Tel: +44 (0) 20 7831 3113 
CAUTIONARY STATEMENT 
 
 
The AIM Exchange does not accept responsibility for the adequacy or accuracy of 
this release. No stock exchange, securities commission or other regulatory 
authority has approved or disapproved the information contained herein. All 
statements, other than statements of historical fact, in this news release are 
forward-looking statements that involve various risks and uncertainties, 
including, without limitation, statements regarding the future plans and 
objectives of Polo Resources Limited. There can be no assurance that such 
statements will prove to be accurate. Actual results and future events could 
differ materially from those anticipated in such statements. These and all 
subsequent written and oral forward-looking statements are based on the 
estimates and opinions of management on the dates they are made and are 
expressly qualified in their entirety by this notice. Polo Resources Limited 
assumes no obligation to update forward-looking statements should circumstances 
or management's estimates or opinions change. 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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Polo Res.(See LSE:POL) (LSE:PRL)
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