All Star Minerals plc
LSE : ASMO

January 14, 2011 09:00 ET

Issue of Equity

                                                                             
                                                                                        14/01/2011
                                                                         GB00B12T7004/GBP/PLUS-exn

                                              ALL STAR MINERALS PLC
                                       ("All Star Minerals" or "the Company")
                                                 
                                          Issue of Equity
                                                 
All  Star  Minerals plc announces that it has placed 5,000,000 ordinary shares at  0.60p,  raising
£30,000.  The monies raised will fund ongoing administrative expenses and the planned  development
of the Company's Gilpas uranium project in Sweden.

Following  this placing there are now 186,087,857 ordinary shares in issue, of which the Directors
are  interested  in  a  total of 7,451,515 ordinary shares, representing 4% of  the  issued  share
capital.

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

ENQUIRIES:

Company

All Star Minerals plc
Conrad Windham, CEO
Telephone: 020 3130 0674
E-mail: c.windham@allstarminerals.com

Corporate Advisers

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

Website: www.allstarminerals.com

Contact Information

  • All Star Minerals plc