CORCEL PLC — Share Issue/Capital Change 2015

Jul 2, 2015

National Storage Mechanism | Additional information

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RNS Number : 9308R

Regency Mines PLC

01 July 2015

Regency Mines Plc

("Regency" or the "Company")

Issue of Equity and TVR

1 July 2015

Regency, the natural resources exploration and investment company with interests in oil, and in nickel and other minerals in Australia, Greenland, Papua New Guinea and Sudan, announces that it has raised £100,000 by way of an issue of 139,164,318 new ordinary shares of 0.01 pence each ("Shares") in the Company to YA Global Master SPV Ltd ("Yorkville") under a SEDA facility at a price of £0.000719 per share (the "Issue").

Following the Issue, Yorkville will hold 139,164,318 Shares representing 6.78% of the Company's total voting rights.

Application has been made to the London Stock Exchange for the Shares, which rank pari passu with the Company's existing issued Ordinary Shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 7 July 2015. 

Following the Issue, the Company's total issued ordinary share capital will consist of 2,052,990,373 ordinary shares.¹. No ordinary shares are held in treasury.

The above figure of 2,052,990,373 may be used by shareholders 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 the Company under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

Andrew Bell 0207 747 9960 or 0776 647 4849                            Chairman Regency Mines Plc

Roland Cornish/Rosalind Hill Abrahams 0207 628 3396          NOMAD Beaumont Cornish Limited

Jason Robertson 0129 351 7744                                                 Broker Dowgate Capital Stockbrokers Ltd.

Christian Pickel 0203 128 8208                                                   Media Relations MHP Communications

¹ In addition the Company has 1,788,918,926 deferred shares of 0.09p each. The deferred shares are non-voting, are not admitted to trading on AIM and are not entitled to any participation in the profits or the assets of the Company

This information is provided by RNS

The company news service from the London Stock Exchange

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