EMED Mining Public Limited: Subscription, Placing and Open Offer

NICOSIA, CYPRUS--(Marketwired - May 28, 2015) - EMED Mining Public Limited (TSX: EMD) (AIM: EMED)

LSE: EMED; TSX: EMD

THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, THE REPUBLIC OF IRELAND OR JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF THE RELEVANT SECURITIES LAWS OF SUCH JURISDICTION.

This announcement does not constitute a prospectus or offering memorandum or an offer in respect of any securities and is not intended to provide the basis for any decision in respect of EMED Mining Public Limited or other evaluation of any securities of EMED Mining Public Limited or any other entity and should not be considered as a recommendation that any investor should subscribe for or purchase any such securities.

28 May 2015

EMED Mining Public Limited
("EMED" or the "Company")

Subscription, Placing and Open Offer to raise
approximately £64.9 million (US$95.1 million) ("Capital Raising")
at 4.75 pence per share ("Issue Price")
Capitalisation of Bridge Loan and Convertible Loan Notes

EMED Mining Public Limited, the Europe-based minerals development and exploration company, is pleased to announce that it is proposing to raise up to £64.9 million (US$95.1 million) (before expenses) by the issue of up to 1,366,203,821 New Ordinary Shares at an Issue Price of 4.75 pence per share. The Board is seeking to effect the Capital Raising by way of a Subscription, Placing and Open Offer.

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http://www.rns-pdf.londonstockexchange.com/rns/5668O_1-2015-5-28.pdf