CENTRAL ASIA METALS PLC

Share Issue/Capital Change • Jul 31, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

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, CEO Nigel Robinson, CFO
Peel Hunt LLP (Nominated Adviser & Joint Broker)	Tel: +44 (0) 20 7418 8900
Matthew Armitt Ross Allister
Mirabaud Securities LLP (Joint Broker)	Tel: +44 (0) 20 7878 3362
Peter Krens
Bell Pottinger	Tel: +44 (0) 20 7861 3232
Mark Antelme Lorna 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

END

MSCEAFXFDFELEFF