Oriel Resources plc

Oriel Resources plc

April 04, 2006 12:17 ET

Oriel Resources PLC 'Oriel' or the 'Company' Exercise of Options

LONDON, UNITED KINGDOM--(CCNMatthews - April 4, 2006) - Oriel Resources PLC (TSX:ORL)(AIM:ORI) announces today that options over ordinary shares of 1p each in the capital of the Company under the Company's share option scheme have been exercised.

Details of the options exercised are as follows:

Number of options Exercise Price
300,000 15p

Accordingly, application will be made for 300,000 ordinary shares of 1p in the Company, which will rank pari passu with existing ordinary shares, to be admitted to trading on AIM. The admission is expected to occur on or about 7 April 2006.

Contact Information

  • Oriel Resources Plc
    David Swan
    020 7514 0590