CHX Chromex

 
TIDMCHX 
 
Chromex Mining plc / Epic: CHX / Market: AIM / Sector: Mining & Exploration 
 
19 August 2010 
Chromex Mining plc ('Chromex' or 'the Company') 
Rule 2.10 Announcement 
 
 
In  accordance with Rule 2.10 of the Code, Chromex confirms that it has in issue 
and  admitted to trading on the London Stock Exchange 88,900,853 ordinary shares 
of   1 pence   each   under   International   Securities  Identification  Number 
GB00B16QP362. 
 
Chromex  further confirms that  it has in  issue and admitted  to trading on the 
London  Stock Exchange 2,935,670 warrants  to subscribe for  one ordinary share, 
exercisable  at 20p per share each under International Securities Identification 
Number GB00B1BRZJ03. 
 
In  addition, Chromex confirms that it has in existence 5,575,00 options at 25p 
and   2,050,000 options   at   30p and  a  ZAR  30m convertible  loan  facility, 
convertible  into Chromex shares  at 22p per ordinary  share of which ZAR 20m is 
currently drawn. 
 
                                    **ENDS** 
 
 
For further information please visitwww.chromexmining.co.uk or contact: 
 
Russell Lamming            Chromex Mining plc         Tel: +44  (0) 7810 870 587 
 
Brian Moritz               Chromex Mining plc         Tel: +44 (0) 7976 994300 
 
Dominic Morley/ Callum     Panmure Gordon (UK)        Tel: +44 (0) 20 7459 3600 
Stewart/ Grishma Patel     Limited 
 
Guy Wilkes/ Will Slack     Ocean Equities Limited     Tel: +44 (0) 20 7786 4370 
 
Hugo de Salis/ Felicity    St Brides Media & Finance  Tel: +44 (0) 20 7236 1177 
Edwards                    Ltd 
 
 
Notes 
 
The Directors of Chromex Mining plc accept responsibility for this announcement. 
 To  the best of the knowledge and belief of the Directors of Chromex Mining plc 
(who  have  taken  all  reasonable  care  to  ensure that such is the case), the 
information  in this announcement is  in accordance with the  facts and does not 
omit anything likely to affect the import of such information. 
 
Panmure  Gordon (UK)  Limited, which  is authorised  and regulated in the United 
Kingdom  by the Financial Services Authority, is acting as financial adviser and 
broker  to Chromex  Mining plc  and no  one else  in connection with the matters 
referred to in this announcement and will not be responsible to any person other 
than Chromex Mining plc for providing the protections afforded to the clients of 
Panmure  Gordon or for providing  advice in relation to  the matters referred to 
herein. 
 
Ocean  Equities Limited, which is authorised and regulated in the United Kingdom 
by  the Financial Services Authority, is acting  as broker to Chromex Mining plc 
and  no one else in connection with the matters referred to in this announcement 
and  will not  be responsible  to any  person other  than Chromex Mining plc for 
providing  the protections afforded to the  clients of Ocean Equities Limited or 
for providing advice in relation to the matters referred to herein. 
 
Disclosure requirements of the Takeover Code (the "Code") 
 
Under Rule 8.3(a) of the Code, any person who is interested in 1% or more of any 
class  of relevant  securities of  an offeree  company or  of any  paper offeror 
(being  any  offeror  other  than  an  offeror  in  respect of which it has been 
announced  that its offer is, or  is likely to be, solely  in cash) must make an 
Opening  Position Disclosure following the commencement of the offer period and, 
if  later,  following  the  announcement  in  which  any  paper offeror is first 
identified.  An Opening Position Disclosure must contain details of the person's 
interests  and  shortpositions  in,  and  rights  to subscribe for, any relevant 
securities  of each of (i) the offeree company and (ii) any paper offeror(s). An 
Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made 
by  no later than 3.30 pm  (London time) on the  10th business day following the 
commencement  of the offer period and, if  appropriate, by no later than 3.30 pm 
(London  time) on the 10th business day  following the announcement in which any 
paper  offeror is  first identified.  Relevant persons  who deal in the relevant 
securities  of the offeree company  or of a paper  offeror prior to the deadline 
for   making  an  Opening  Position  Disclosure  must  instead  make  a  Dealing 
Disclosure. 
 
Under  Rule 8.3(b) of the Code, any person who is, or becomes, interested in 1% 
or  more of any  class of relevant  securities of the  offeree company or of any 
paper offeror must make a Dealing Disclosure if the person deals in any relevant 
securities  of the offeree company or of any paper offeror. A Dealing Disclosure 
must  contain details of the dealing concerned and of the person's interests and 
short positions in, and rights to subscribe for, any relevant securities of each 
of  (i) the offeree company and (ii) any  paper offeror, save to the extent that 
these  details have previously been disclosed under Rule 8. A Dealing Disclosure 
by  a person to whom  Rule 8.3(b) applies must be  made by no later than 3.30 pm 
(London time) on the business day following the date of the relevant dealing. If 
two  or more  persons act  together pursuant  to an  agreement or understanding, 
whether  formal  or  informal,  to  acquire  or  control an interest in relevant 
securities of an offeree company or a paper offeror, they will be deemed to be a 
single person for the purpose of Rule 8.3. 
 
Opening Position Disclosures must also be made by the offeree company and by any 
offeror and Dealing Disclosures must also be made by the offeree company, by any 
offeror  and  by  any  persons  acting  in  concert  with any of them (see Rules 
8.1, 8.2 and  8.4). Details of the  offeree and offeror  companies in respect of 
whose  relevant securities Opening Position  Disclosures and Dealing Disclosures 
must  be  made  can  be  found  in  the Disclosure Table on the Takeover Panel's 
website  at  www.thetakeoverpanel.org.uk,  including  details  of  the number of 
relevant  securities  in  issue,  when  the  offer period commenced and when any 
offeror  was first  identified. If  you are  in any  doubt as to whether you are 
required  to make  an Opening  Position Disclosure  or a Dealing Disclosure, you 
should contact the Panel's Market Surveillance Unit on +44 (0)20 7638 0129. 
 
A  copy of this  announcement will be  available subject to certain restrictions 
relating  to persons resident in the  United States, Canada, Australia, Japan or 
any      other     Restricted     Jurisdiction,     on     Chromex's     website 
(http://www.chromexmining.co.uk/News/News/Latest_News/NewsList.aspx?id=27)  from 
the date of this announcement. 
 
 
 
 
 
[HUG#1439063] 
 
 
 
 
 
 
 
 
This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
All reproduction for further distribution is prohibited. 
 
Source: Chromex Mining PLC via Thomson Reuters ONE 
 

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