Platinum Australia: Issue of Equity | Company Announcements

Thursday 07 January, 2010

Platinum Australia

Issue of Equity

RNS Number : 1818F

Platinum Australia Limited

07 January 2010

7 January 2010

PLATINUM AUSTRALIA LIMITED

("Platinum Australia" or the "Company")

ISSUE OF EQUITY

Platinum Australia Limited (AIM: PLAA) advises that on 31 December 2009 it allotted 6,085,000 new ordinary shares of no par value ("new ordinary shares") following the exercise of 385,000 options at an exercise price of A$0.37 per ordinary share, 2,500,000 options at an exercise price of A$0.20 per ordinary share and 3,200,000 options at an exercise price of A$0.35 per ordinary share.

The Company has made application for admission to trading on AIM of the new ordinary shares and trading in the new ordinary shares is expected to commence on 13 January 2010.

The total number of ordinary shares in issue following the issue of the new ordinary shares is 320,880,521.

-End-

For further information:

Platinum Australia Limited

John Lewins, Managing Director

+61 (8) 9324 1491

Ambrian Partners Limited, Nominated Adviser

Richard Brown

+44 20 7634 4700

This information is provided by RNS

The company news service from the London Stock Exchange

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