Rambler Metals & Mining Plc
TSX VENTURE : RAB
AIM : RMM

Rambler Metals & Mining Plc

March 12, 2008 14:34 ET

Rambler Metals & Mining Proposed Placing

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND and LABRADOR--(Marketwire - March 12, 2008) -

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, JAPAN, AUSTRALIA OR THE REPUBLIC OF IRELAND

Rambler Metals & Mining PLC (TSX VENTURE:RAB)(AIM:RMM) (the "Company") announces today that it intends to raise Pounds Sterling 5.8 million before expenses through a placing of 9,660,000 Ordinary Shares at 60 pence each.

Ocean Equities Limited has been retained as broker for the Placing on a reasonable endeavours basis.

The placing will be subject to a placing agreement to be entered into between the Company and Ocean Equities Limited, shareholder approval and approval of the TSX Venture Exchange.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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