28 Jul 2005 16:08
Draganfly Investments Ltd28 July 2005 DRAGANFLY INVESTMENTS LIMITED (the "Company") 28 July 2005 SUBSTANTIAL INVESTMENT The Company announces that today it confirmed its participation in a placing byBraemore Resources plc (BRR.L) ("Braemore"). The Company has purchased 3 millionBraemore ordinary shares of 0.1p each ("Braemore Shares") at the placing priceof 10p per Braemore Share, and recently acquired an additional 1.3 millionBraemore Shares in the open market, thereby making a total investment in 4.3million Braemore Shares at an average price of 10.9p per Braemore Share. Enquiries Dennis Edmonds 07796 338 372Peter HarrisDraganfly Investments Limited Stephen Austin / Harry Nicholas 020 7426 9000Teather & Greenwood This information is provided by RNS The company news service from the London Stock Exchange