Concord Times (Freetown)
Bhoyy Jalloh
19 June 2008
Freetown — African Minerals Limited (AIM: AMI), the mineral exploration company with interests principally in Sierra Leone, West Africa has announced the exercise of certain warrants.
RNS, the company's official news service from the London Stock Exchange, Monday published on its website that 100,000 new common shares of US$0.01 each ('New Common Shares') which have been issued and allotted pursuant to the exercise of warrants at an exercise price of 130 pence per common share.
"Subsequent to the issuance of these new common shares, African Minerals will have 160,100,741 common shares in issue," it reported adding that dealings are expected to commence on or about 20 June 2008.
Meanwhile, application has been made for the new common shares to be admitted to trading and these would rank pari passu with the company's existing common shares.
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