All Star Minerals plc
LSE : ASMO

December 21, 2011 02:00 ET

Issue of Equity

                                                                         GB00B12T7004/GBP/PLUS-exn
                                                                                  21 December 2011

                                       All Star Minerals plc
                            ("All Star" or the "Company") (PLUS: ASMO)
                                                 
                                          Issue of Equity

All  Star Minerals announces that the Company has placed 25,000,000 new ordinary shares at a price
of  0.6p  pence  per ordinary share with Mr. Sean Cunningham, raising £150,000. The monies  raised
have  been applied to the consideration for the acquisition of Circle Resources Pty Ltd, Jodo Gold
Pty Ltd, and Blue Doe Gold Pty Ltd, announced today.

Mr.  Sean  Cunningham is interested in 25,000,000 shares in All Star, representing  9.52%  of  the
issued share capital.

Following  this placing there are now 262,368,250 ordinary shares in issue, of which the Directors
are  interested  in a total of 7,451,515 ordinary shares, representing 2.84% of the  issued  share
capital.

The  above figure of 262,368,250 ordinary shares may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are required to notify their
interest  in,  or  a  change  to their interest in, the share capital of  the  Company  under  the
Financial Services Authority's Disclosure and Transparency Rules.

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 ADVISOR
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
Threadneedle Communications
Beth Harris/Laurence Read
Telephone: 020 7653 9850

Contact Information

  • All Star Minerals plc