ADM Energy Issues 5.6 Million Shares For Warrants Exercise

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ADM Energy PLC – natural resources investor with assets in Nigeria – Issues 5.6 million shares at 2.4 pence a share for warrants exercise plus accrued interest. Raises GBP125,000 from the warrant exercise, which is applied against the original loan amount of GBP200,000. Following the exercise GBP175,000 of the GBP200,000 loan has been repaid. Now has 98.0 million shares issued.

Current stock price: 5.50p

Year-to-date change: up 13%

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