23 July 2009
Dwyka Resources
Limited (Dwyka or the Company)
Issue of shares to
accepting Minerva Resources Plc (Minerva)
shareholders
and
Notice under Section 708A(5)(e) of the Corporations Act 2001
- Dwyka
increases its holding in Minerva to 83.1%
- Dwyka issues
688,162 shares to accepting Minerva shareholders
Further to the announcement on 14 July 2009 that Dwyka had declared its offer for the entire issued share
capital of Minerva wholly unconditional, the
Company has today issued and allotted a further 688,162 ordinary fully paid Dwyka shares (Shares) to those Minerva shareholders
that had accepted Dwyka?s offer in the period from
1.00 p.m. (London time) on 21 July 2009, being the first closing date of the
offer, until 1.00 p.m. (London time) on 21 July 2009. Dwyka
has now received acceptances from shareholders represented 83.1% of the issued
capital of Minerva Resources Plc and the offer remains open for further
acceptances until 1.00 p.m. (London
time) on 28 July 2009.
Application has been made to the AIM Market of the
London Stock Exchange (AIM) for 688,162 Shares to be admitted to trading
on AIM (Admission). Admission is expected to occur at 8.00 a.m. on 27
July 2009.
The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.
The Shares were issued without disclosure to investors
under Part 6D.2 of the Corporations Act, in reliance on Section 708A(5)(e) of the Corporations Act.
The Company, as at the date of this notice, has complied with:
(a) the
provisions of Chapter 2M of the Corporations Act as they apply to the Company;
and
(b) Section 674 of the Corporations
Act.
There is no excluded information for the purposes of
Sections 708A(7) and (8) of the Corporations Act.
For further information please contact:
Melissa Sturgess
Dwyka Resources Limited
(+44) (0)78 2555 1397 or melissa@dwyresources.com
In United
Kingdom
Richard Brown
Richard Greenfield
Ambrian Partners Limited
(+44) (0)20 7634 4700
Press enquiries
Charlie Geller or Leesa Peters
Conduit
PR
+44
(0)20 7429 6604/ +44 (0)79 7006 7320
Or
visit: http://www.dwyresources.com
Kind regards
Tamara Bolik
Dwyka Resources Limited
Suite
2, 5 Ord Street
West
Perth WA
6005
Phone: +618 9324
2955
Fax: +618 9324
2977
Email: tamara@dwyresources.com
Website: www.dwyresources.com