Exercise of Warrants

31 Jul 2007 15:05

Empyrean Energy PLC31 July 2007 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Exercise of Warrants -------------------- AIM quoted Empyrean Energy PLC today announces that it has issued and allotted949,524 new ordinary shares of 0.02p each, at a price of 35 pence per share,pursuant to an exercise of warrants. Application will be made for these shares to be admitted to trading on AIM. The shares will rank pari passu with the existing ordinary shares of 0.02p eachin the Company. The total number of ordinary shares in issue following this exercise of warrantsis 50,546,291. For further information:Charlie Geller/ Ed PortmanConduit PRTel: +44 (0) 207 429 6604/+44 (0) (797) 006 7320 Empyrean Energy plcTel: +44(0) 207 182 1746 Rod Venables/ Cecil JordaanHB CorporateTel: +44(0)207 510 8600 This information is provided by RNS The company news service from the London Stock Exchange