All Star Minerals plc
LSE : ASMO

May 17, 2012 04:30 ET

Issue of Equity

                                                                                       17 May 2012
                                                                         GB00B12T7004/GBP/PLUS-exn
                                                 
                                       All Star Minerals plc

                                          Issue of Equity

All  Star  Minerals plc ("All Star" or the "Company) is pleased to announce that the  Company  has
issued  15,000,000 new ordinary shares of 0.1 pence each ("Ordinary Shares") at a price  of  0.45p
per ordinary share to Pegasus Investments Ltd in consideration of consultancy services.

Following  this  issue,  Pegasus Investments Ltd is interested in a total of  15,000,000  Ordinary
Shares,  representing  4.96% of the issued share capital of the Company  of  302,038,250  Ordinary
Shares.

The  directors are interested in a total of 11,315,515 Ordinary Shares representing 3.74%  of  the
issued share capital.

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