Sirius Exploration
LSE : SXX

November 10, 2009 12:22 ET

Issue of Equity




For immediate release
                                                                                      10 November 2009
                                                   
                                                   
                                        SIRIUS EXPLORATION Plc
                                ("Sirius Exploration" or "the Company")
                                                   
                                            Issue of Equity
                                                   

Further to the issue of a total of 2,631,442 options to Old Park Lane Capital Plc in July 2009, Sirius
Exploration  announces that it has received an Exercise Notices in relation 250,000 of these  options.
Therefore,  the  Company  has  issued  and alloted 250,000 new Ordinary  Shares  of  0.25p  per  share
("Ordinary Shares") at 4.5p per share whereby raising a total of £11,250. The monies will be used  for
general  working  capital  purposes. Following this exercise the Company  has  3,691,442  options  and
warrants outstanding.

Application  will be made for the 250,000 new Ordinary Shares, which will rank, pari passu,  with  all
existing  ordinary shares, to be admitted to trading on AIM and trading in such shares is expected  to
commence on or around 16 November 2009.

Following the issue of the new ordinary shares as set out above, the total number of shares  in  issue
will be 607,191,340.

ENDS

Further Information:
Richard Poulden
Chairman, Sirius Exploration Plc.                                   Tel: +971 556 232 672
richard.poulden@siriusexploration.com

Jonathan Harrison (Financial Director)                                    Mobile: + 44 78 7988 7755
Jonathan.harrison@siriusexploration.com

Beaumont Cornish
Roland Cornish                                                               Tel:  +44 (0)20 7628 3396

Gth media relations
Toby Hall                                                        Tel: +44 (0)20 7153 8039
Christian Pickel                                         Tel: +44 (0)20 7153 8036
      
Website: www.siriusexploration.com

Contact Information

  • Sirius Exploration