All Star Minerals plc
LSE : ASMO

February 07, 2012 07:29 ET

Issue of Equity

                                                                             GB00B12T7004/GBP/PLUS-exn
                                                                                       7 February 2012
                                         ALL STAR MINERALS PLC
                                     ("All Star" or the "Company")
                                                   
                                            Issue of Equity

All  Star is pleased to announce the Company has placed 24,000,000 ordinary shares at a price of  0.45
pence  per  ordinary  share, raising GBP108,000. The funds raised have been used  to  make  the  final
payment  of  A$100,000 to acquire Circle Resources Pty Ltd, Jodo Gold Pty Ltd, and Blue Doe  Gold  Pty
Ltd,  as  detailed in the Company's press release of 21 December 2011 and to renew All  Star's  Gilpas
Number 2 uranium licence in Sweden.

Following  the placing, the Directors are interested in 11,315,515 ordinary shares representing  3.94%
of the Company's issued share capital of 286,818,250 ordinary shares.

Further  to  the  announcement of 21 December 2011, the Company advises that it is  currently  in  the
process  of  finalizing the choice of stock exchange that is most appropriate  for  the  admission  to
listing  of  the Blue Doe, Eagle Hawk and Edward projects in Queensland, Australia. The  Company  will
provide further details to shareholders in the coming weeks.

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 ADVISER
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