Toledo Mining Corporation PLC - Results of General Meeting
Issue of Equity
Toledo Mining plc ("Toledo" or the "Company") (AIM:TMC) is pleased to
announce that the resolutions proposed at the Company's General
Meeting held at the offices of the Company today relating to the
placing of 12,000,000 new ordinary shares of 5 pence each ("Ordinary
Shares") were duly passed by shareholders.
Following receipt of the required shareholder approval, the Company
has resolved to issue and allot a total of 12,000,000 Ordinary Shares
to investors at a price of 28 pence per share. Total funds raised for
the Company from the placing are Â£3,360,000 before expenses.
Application has been made for the admission to trading of 12,000,000
Ordinary Shares on the AIM Market of the London Stock Exchange
("Admission"). Admission is expected to occur at 8.00 a.m. on 4
August 2009. The Company's issued share capital is now increased to
41,538,333 Ordinary Shares.
For further information, please contact:
Reg Eccles, Toledo Mining Corporation plc +44 (0) 20 7514 1480
Richard Brown/ Richard Greenfield, Ambrian Partners Limited +44 (0)
20 7634 4700
Alex Buck, BuckBias Limited +44 (0) 7932 740 452
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