PRL Polo Res.(See LSE:POL)

 

TIDMPRL 
 
RNS Number : 8592R 
Polo Resources Limited 
07 May 2009 
 
 7 May 2009 
 
 
 
 
Polo Resources Limited 
("Polo", "Polo Resources" or the "Company") 
 
 
Block Admission Application 
 
 
Polo Resources (AIM: PRL), the mining and investment company with interests in 
coal and uranium, announces that in accordance with its announcement of 21 April 
2009 that it has granted a warrant to Peabody Energy Corporation (NYSE: BTU), an 
application has been made to the AIM market of the London Stock Exchange for the 
block admission of 404,866,875 ordinary shares of no par value, issuable on the 
exercise of the warrant granted to Peabody. The warrant is exercisable at a 
price of 4.0 pence per share, with an exercise period of 18 months, expiring on 
21 October 2010. 
 
 
It is expected that admission will be effective on or around 13 May 2009. The 
shares will rank pari passu with the existing issued shares of the Company. 
 
 
Contacts: 
+--------------------------------------------------+-----------------------------------+ 
| Polo Resources Limited                           |               + 27 82 404 36 37   | 
| Gary Good, Chief Financial Officer               |                                   | 
|                                                  |                                   | 
+--------------------------------------------------+-----------------------------------+ 
| Canaccord Adams Limited                          |             + 44 (0) 20 7050 6500 | 
| Mike Jones/Ryan Gaffney                          |                                   | 
|                                                  |                                   | 
+--------------------------------------------------+-----------------------------------+ 
| Financial Dynamics                               |             + 44 (0) 20 7831 3113 | 
| Ben Brewerton / Ed Westropp                      |                                   | 
|                                                  |                                   | 
+--------------------------------------------------+-----------------------------------+ 
About the Company 
Polo is an emerging energy company focused on acquiring and developing advanced 
stage coal and uranium properties. For complete details on Polo Resources 
Limited, management encourages investors and interested parties to view its 
public documents filed on AIM Exchange at www.poloresources.com. 
 
 
 
 
 
 
CAUTIONARY STATEMENT 
The AIM Market of London Stock Exchange plc 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 potential values, the future plans and objectives of Polo 
Resources Limited. There can be no assurance that such statements will prove to 
be accurate, achievable or recognizable in the near term. 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. 
 
 
ENDS 
 
 
 
 
 
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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Polo Res.(See LSE:POL) (LSE:PRL)
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