Archipelago Resources PLC

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31 July 2013                                                                                                                                   AIM: AR.

Archipelago Resources plc

("Archipelago" or "the Company")

Exercise of Options

Archipelago has issued a total of 125,000 Ordinary Shares of 1 pence each ("Ordinary Shares") as a result of 125,000 options being exercised under the Company's 2002 Unapproved Executive Share Option Scheme at an exercise price of 38.5 pence per share.

Application has been made for these shares to be admitted to trading on AIM on 6 August 2013.

As a result of this share issue, the Company has in issue 581,835,936 Ordinary Shares, with voting rights.

FURTHER INFORMATION

Archipelago Resources plc

President - Corporate Strategy

Matthew Salthouse

+65 6535 3419

Canaccord Genuity Limited

Joint Broker

Andrew Chubb

Christopher Fincken

+44 20 7523 8000

Grant Thornton UK LLP

NOMAD

Philip Secrett

David Hignell

+44 20 7383 5100

Liberum Capital Limited

Joint Broker

Michael Rawlinson

Christopher Kololian

+44 20 3100 2000

Buchanan

Corporate Communication

Bobby Morse

Gordon Poole

+44 20 7466 5000

ABOUT ARCHIPELAGO

Archipelago is a producing mining company listed on the AIM market of the London Stock Exchange.  Archipelago's vision is to grow into a respected and regionally dominant mid-cap gold producer, managing a portfolio of gold mines and delivering significant value and returns for our shareholders.  Archipelago's principal activities are gold mining and exploration in Indonesia (as the 95% owner of the producing Toka Tindung Gold Mine in North Sulawesi, Indonesia).  In 2013, Archipelago expects to produce between 140,000 and 155,000 Au Eq oz at a cash cost of between US$620 and US$680 per ounce (net of silver credits). 


This information is provided by RNS
The company news service from the London Stock Exchange
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