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Amerisur Resources PLC  -  AMER   

Issue of Equity

Released 07:00 16-Mar-2016

RNS Number : 2440S
Amerisur Resources PLC
16 March 2016

16 March 2016


Amerisur Resources Plc ("Amerisur" or the "Company")

Issue of Equity


Amerisur Resources Plc announces that, further to the announcement dated 26 January 2016, the finalisation of Platino Energy Limited's closing balance sheet has completed.  Consequently, $590,000 in Amerisur shares is to be paid to COG Energy, the vendor of Platino, for Platino's net non-cash current assets.

Application has been made to the London Stock Exchange for 1,620,480 new ordinary shares of the Company ("Shares") to be admitted to trading on AIM. The Shares will rank pari passu with the Company's existing issued ordinary shares and dealings are expected to commence at 08:00 a.m. on 21 March 2016.

Following the issue of the Shares, the issued ordinary share capital of the Company will comprise a total 1,208,072,964 shares. No ordinary shares are held in treasury.


For further information please contact:


Camarco                                                        Tel: +44 20 3757 4980

Billy Clegg                                          

Georgia Mann  


Stifel Nicolaus Europe Limited             Tel: +44 20 7710 7600

Callum Stewart

Ashton Clanfield                                             

Nicholas Rhodes


Investec                                                          Tel: +44 20 7597 4000

Chris Sim

George Price


RBC Capital Markets                                     Tel: +44 20 7653 4000

Daniel Conti      

Tristan Lovegrove

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Issue of Equity - RNS