All Star Minerals plc
LSE : ASMO

June 28, 2012 04:41 ET

Completion of Pre-IPO Funding for Blue Doe Gold plc

                                                                                      28 June 2012
                                                                         GB00B12T7004/GBP/PLUS-exn
                                                 
                                       All Star Minerals plc
                                   ("All Star" or the "Company")

                        Completion of Pre-IPO Funding for Blue Doe Gold plc

All Star Minerals, the PLUS-quoted natural resource exploration and investment company, is pleased
to  announce  that Blue Doe Gold plc ("Blue Doe"), in which the Company holds 50,000,000  ordinary
shares, has completed its pre-IPO fundraising.

Blue Doe has raised GBP352,000 through the issue of 12,800,000 new ordinary shares at 2.75p.

Blue  Doe now looks forward to completing the appointment of a Nominated Advisor and Broker for  a
listing on the AIM Market of the London Stock Exchange.

ABOUT BLUE DOE GOLD PLC

Through  its wholly-owned subsidiary, Blue Doe Gold Pty Ltd, Blue Doe Gold plc owns the  Blue  Doe
and  Eagle  Hawk  gold  projects,  and the Edward gold, silver, and  copper  project,  located  in
Queensland, Australia.

For further information on Blue Doe and its projects, please visit http://www.bluedoegold.com

CONRAD WINDHAM, CEO OF ALL STAR MINERALS, COMMENTED:

"Since we announced the acquisition of Circle Resources Pty Ltd in December 2011 we have worked to
separate the seven projects into distinct corporate entities that would have dedicated management,
and could be funded through a public market listing.

We  have  made substantial progress towards achieving this goal, having formed Blue Doe Gold  plc,
which  now  holds the Blue Doe, Eagle Hawk, and Edward projects. We are pleased with  the  pre-IPO
funding  of  Blue  Doe  Gold,  through which investors can place a value  on  All  Star  Minerals'
shareholding. We now look forward to completing the appointment of a Nominated Advisor and  Broker
and  work  toward  achieving a listing for Blue Doe Gold plc on the AIM  Market  over  the  coming
months."

The Directors of All Star are responsible for the contents of this announcement.

ENQUIRIES:

ALL STAR MINERALS PLC
Conrad Windham, CEO
Telephone: 020 3130 0674
E-mail: c.windham@allstarminerals.com
Website: www.allstarminerals.com

CORPORATE ADVISER
St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: 020 7368 6959

BROKER
SVS Securities plc
Ian Callaway or Alex Mattey
Telephone: 020 7638 5600

FINANCIAL PR
Newgate Threadneedle
Beth Harris
Telephone: 020 7653 9850

All Star Minerals plc

Contact Information

  • All Star Minerals plc