Equity Resources plc
LSE : EQRP

August 04, 2011 02:00 ET

Exercise of warrants and substantial shareholder notification

                                                 
                                              
                                                                                          4/8/2011
                                                                         GB00B0GQJ825/GBP/PLUS-exn

                                                 
                                       Equity Resources plc
                                          (the "Company")
                                                 
                   Exercise of warrants and substantial shareholder notification

The  Company announces that on 29 July 2011 Guild Acquisitions plc exercised warrants to subscribe
for 3,000,000 Ordinary Shares in the Company at a price of 1p per share. Guild Acquisitions plc is
now interested in 10,514,700 Ordinary Shares of 0.1 pence each in the Company, representing 20.63%
of the enlarged issued share capital of 50,975,000 shares.

The proceeds of the warrant exercise amount to £30,000 and will be used by the Company for general
working capital purposes.

The Directors of Equity Resources plc are responsible for the contents of this announcement.
ENQUIRIES:
                                       
                                       
Equity Resources plc                                                                              
John Watkins, Chairman                                                           Tel: 01483 771992
                                                                Email:  john@equityresources.co.uk
                                                                                                  
St Helens Capital Partners LLP                                                                    
Corporate Adviser                                                              Tel:  020 7368 6959
Duncan Vasey                                                          Email: duncanvasey@sthcp.com
                                                                                                  
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