TIDMGFM

RNS Number : 7350M

Griffin Mining Ld

01 May 2018

8th Floor, Royal Trust House, 54-56 Jermyn Street, London. SW1Y 6LX, United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: griffin@griffinmining.com

Exercise of Options

1(st) May 2018.

Griffin Mining Ltd ("the Company") announces that the Company was notified on 27(th) April 2018 of the exercise of options ("the Options") by former management over 60,000 new ordinary shares in the Company granted in February 2015 at an exercise price of 30p per share.

Following the exercise of the Options there will be 172,512,061 Ordinary Shares in the Company in issue. There are no shares held in treasury.

Application will be made to the London Stock Exchange for the 60,000 new ordinary shares to be admitted to trading on AIM. These new ordinary shares will rank pari passu in all respects with the existing ordinary shares. It is expected that admission will become effective on 8(th) May 2018.

Further information

Griffin Mining Limited:

   Mladen Ninkov                    (Chairman) 

Roger Goodwin (Finance Director & Company Secretary) Telephone: +44 (0)20 7629 7772

Panmure Gordon (UK) Limited Telephone: +44 (0)20 7886 2500

Dominic Morley

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

May 01, 2018 05:39 ET (09:39 GMT)

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