Tinma International Ltd.

April 24, 2012 13:18 ET

Tinma International Ltd.: Acquisition of Shares of Rambler Metals and Mining plc

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 24, 2012) - Tinma International Ltd. ("Tinma") announces pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that it has acquired ownership and control, through purchases in the open market, of an additional 450,000 ordinary shares (the "Additional Shares") in the capital of Rambler Metals and Mining plc ("Rambler"), representing approximately 0.33% of Rambler's issued and outstanding ordinary shares.

Prior to the acquisition of the Additional Shares, Tinma had ownership and control over 13,388,980 ordinary shares in the capital of Rambler, being approximately 9.9% of Rambler's issued and outstanding ordinary shares. As a result of the acquisition of the Additional Shares, Tinma has ownership and control of an aggregate of 13,838,980 ordinary shares in the capital of Rambler, representing approximately 10.23% of Rambler's issued and outstanding ordinary shares.

The Additional Shares were purchased through a series of transactions through the AIM trading facilities at prices between C$0.592 and C$0.596.

The Additional Shares were purchased by Tinma for investment purposes. Such investment will be reviewed by Tinma on a continuing basis and such holdings may be increased or decreased in the future. Tinma may acquire additional ordinary shares of Rambler through the open market, privately or otherwise, as the circumstances or market conditions warrant.

A copy of the early warning report relating to this transaction is available under Rambler's profile at www.sedar.com.

For more information on Tinma or to obtain a copy of the early warning report contact Dalis Chan at +604 561 3696.

Huang Zhao Qiang

Tinma International Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Tinma International Ltd.
    Dalis Chan
    +604 561 3696