Wednesday, July 20, 2016

Polo Resources announced new share issue

Polo Resources Limited, the natural resources investment company having interests in oil, coal and metals, has issued 9,832,358 new ordinary shares as consideration for the transaction with Blackham Resources announced in June.

The application has been made for the consideration shares to be admitted to trading on AIM on 25 July 2016. The enlarged issued share capital of the BVI company will amount to 311,789,151 ordinary shares of no par value each, with one vote per share.