TIDMMAFL

RNS Number : 5377S

Mineral & Financial Invest. Limited

08 July 2015

MINERAL & FINANCIAL INVESTMENTS LIMITED

(the "Company")

Issue of Equity

The Company announces that following receipt of a notice to convert GBP25,000 of the 2010 Convertible Unsecured Loan Notes ("2010 Notes") in MAFL, the Company have today issued 312,500 ordinary shares in the Company ("New Shares").

Application has been made to admit the New Shares to trading on AIM. Admission is expected to become effective on 14 July 2015 and the New Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issue.

The total amount of 2010 Notes in MAFL still remaining unconverted is GBP10,000. In addition, as previously announced on GBP105,000 2011 convertible unsecured loan notes are due for repayment on 31 August 2015.

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following Admission will consist of 14,034,562 Ordinary Shares with voting rights attached (one vote per Ordinary Share). There are no Ordinary Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the DTRs.

For more information:

   Laurence Read, Director                                   +44 20 3289 9923 
   Katy Mitchell, WH Ireland                                +44 161 832 2174 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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