REG - Central Asia Metals - Exercise of Warrants <Origin Href="QuoteRef">CAML.L</Origin>

Central Asia MetalsAnnouncement

07/09/2014 24:23

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RNS Number : 8894N
Central Asia Metals PLC
31 July 2014 
 
31 July 2014 
 
CENTRAL ASIA METALS PLC 
 
("CAML" or the "Company") 
 
Exercise of Warrants 
 
Central Asia Metals plc (AIM: CAML), has been notified by Mirabaud Securities
LLP ('the Warrant Holder') of the exercise of a Warrant, which was issued for
placing fees in respect of the September 2010 initial public offering and
entitles the Warrant Holder to subscribe for 932,053 Ordinary Shares of
US$0.01 each ('Warrant Shares') being the remaining balance out of the initial
1,192,053 warrant shares granted, at a price of 96p per warrant share raising
£894,770.88. 
 
The Company has received payment of £894,770.88 and has applied for admission
of the Warrant Shares to trading on AIM ("Admission"). The Warrant Shares will
rank pari passu in all respects with the Company's existing Ordinary Shares.
It is expected that Admission will become effective at or around 8.00 a.m. on
6 August 2014. The total number of Ordinary Shares in issue, following the
issue of the Warrant Shares, and the total number of voting rights, will be
111,333,663 (excluding treasury shares). 
 
The above figure of 111,333,663 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to
their interest in, CAML under the FCA's Disclosure and Transparency Rules. 
 
For further information contact: 
 
 Central Asia Metals plc                           Tel: +44 (0) 20 7898 9001  
 Nick Clarke, CEONigel Robinson, CFO                                          
 Peel Hunt LLP (Nominated Adviser & Joint Broker)  Tel: +44 (0) 20 7418 8900  
 Matthew ArmittRoss Allister                                                  
 Mirabaud Securities LLP (Joint Broker)            Tel: +44 (0) 20 7878 3362  
 Peter Krens                                                                  
                                                                              
 Bell Pottinger                                    Tel: +44 (0) 20 7861 3232  
 Mark AntelmeLorna Cobbett                                                    
 
 
Note to editors: 
 
Central Asia Metals is an AIM-listed UK company based in London. Its countries
of operation are Kazakhstan and Mongolia. CAML is a copper producing company
focussed on base metals. The Company also has a 50% equity interest in Copper
Bay Ltd, which is carrying out a pre-feasibility study of the Chañaral Bay
Copper Project in Chile. At the 2014 UK Stock Market Awards, the Company was
named Best Basic Resources Plc. For further information please visit
www.centralasiametals.com. 
 
This information is provided by RNS
The company news service from the London Stock Exchange