MONTREAL, June 21, 2012 /CNW Telbec/ - EMED Mining Public Limited ("EMED Mining" or the "Company") (AIM: EMED) (TSX: EMD), the Europe-based minerals development and
exploration company, announces that it has issued 6,434,999 ordinary
shares of 0.25p each in the Company ("Ordinary Shares") pursuant to the exercise of broker warrants due to expire that were
issued in connection with the Company's listing on the Toronto Stock
Exchange. Pursuant to the warrant terms, the new Ordinary Shares have
been subscribed for at a price of C$0.135 per share, for aggregate
subscription monies of C$868,724.87.
Application has been made to the London Stock Exchange for the new
Ordinary Shares to be admitted to trading on AIM and such admission is
expected to become effective on 28 June 2012.
Following completion of the issue of the new shares, EMED Mining will
have 972,355,347 Ordinary Shares in issue.
The Ordinary Shares have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws and may not be offered or sold in
the United States absent registration or an available exemption from
the registration requirements of the U.S. Securities Act and applicable
U.S. state securities laws. No securities commission has approved or
disapproved the contents of this press release.
SOURCE EMED MINING PUBLIC LIMITED
For further information:
EMED Mining Harry Anagnostaras-Adams +357 9945 7843
RFC Ambrian Limited Stuart Laing +61 8 9480 2500
Fox-Davies Capital Simon Leathers +44 203 463 5022
Fairfax I.S. PLC Ewan Leggat/Katy Birkin +44 207 598 5368
Bishopsgate Communications Nick Rome +44 207 562 3350
Proconsul Capital Andreas Curkovic +1 416 577 9927
For further information on the Company's activities, visit www.emed-mining.com or www.emed.tv
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