All Star Minerals plc
LSE : ASMO

October 15, 2013 12:45 ET

Issue of Convertible Loan Notes

                                         ALL STAR MINERALS
                                   ("All Star" or "the Company")

                                  Issue of Convertible Loan Notes

15 October 2013

All Star announces that it has issued five unsecured convertible loan notes of £10,000 each ("Loan
Notes"), with a maturity date of 8 January 2014.

The Loan Notes carry a coupon of 10%, convertible and payable through the issue of ordinary shares
in  the Company at a price of 0.1p per share. The Loan Notes are convertible into ordinary shares,
at the option of the loan note holder, in the Company at 0.1p per share.

This  financing  will  be  used  to  fund  ongoing  administrative  expenses  and  to  assess  new
opportunities as they arise.

The Directors of the Company accept responsibility for the contents of this announcement.

ENQUIRIES:

All Star Minerals plc
Conrad Windham, CEO
Telephone: 01366 500722

Corporate Adviser
Peterhouse Corporate Finance Limited
Guy Miller / Mark Anwyl
Telephone: 020 7220 9796

Contact Information

  • All Star Minerals plc