Aspartus Resources plc
LSE : ASPP

October 07, 2011 11:51 ET

Convertible Loan Note - October 2011

                                                     
                                          ASPARTUS RESOURCES PLC
                                      ISSUE OF CONVERTIBLE LOAN NOTES
                                                     
Aspartus  Resources Plc ("Aspartus" or "the Company") wishes to announce that it has issued GBP 150,000  of
Convertible  Unsecured  Loan  Notes 2013 which are convertible at a subscription  price  of  GBP  0.20  per
Ordinary  Share.  The  balance of the principal of the loan which has not been  repaid  or  converted  into
Ordinary Shares by 31 December 2013 is repayable on that date.

The  funds  will be used to provide working capital for the Company for the maintenance of the listing  and
administration  and for the continued due diligence into investment opportunities including our  investment
in  Principal  Resources  Limited and its potential acquisition of 80% of P.T. Gunung  Mas  Karunia  Mining
("P.T. Gunung"), an Indonesian mining company.

The Directors of the Issuer accept responsibility for this announcement.

7 October 2011

FOR FURTHER INFORMATION PLEASE CONTACT:

Leo Knifton
Aspartus Resources PLC
Finsgate
5-7 Cranwood Street
London
EC1V 9EE

Tel: +44 (0) 20 7309 2280
Fax: +44 (0) 20 7566 0023

Nick Michaels
Alfred Henry Corporate Finance Limited
www.alfredhenry.com



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