RNS Number : 9452H
Target Resources Plc
11 November 2008
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Date:
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11th November 2008
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On behalf of:
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Target Resources plc
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For immediate release
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Target Resources plc
('Target' or the 'Company')
Additional Listing
Target Resources plc (AIM:TGT), the alluvial diamond and gold mining company operating in Sierra Leone, announces that application has been made for the admission to trading on AIM ('Admission') of 236,213 new ordinary shares of 1p each in the Company ('Ordinary Shares'), pursuant to the exercise on 11 November 2008 of options, all at 1p per Ordinary Share, by the estate of a former adviser.
The new Ordinary Shares rank pari passu with the Company's existing issued ordinary shares, and dealings are expected to commence on 17 November.
Following Admission, the Company's enlarged issued share capital will comprise 123,470,436 ordinary shares with voting rights. The Company does not hold any shares in treasury. This figure of 123,470,436 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 in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.
- ENDS -
Enquiries:
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Target Resources plc
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020 7258 2300
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Yair Ziv, Finance Director
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www.target-resources.co.uk
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Nominated Adviser & Broker
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Arbuthnot Securities
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020 7012 2000
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John Prior
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This information is provided by RNS
The company news service from the London Stock Exchange
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