Just bought into this stock, anybody else a shareholder?

Drawdown on Equity Line Facility
and
Total Voting Rights



Sunkar Resources plc (AIM:SKR) announces that it has drawn down 600,000 of the Equity Line Facility with Dutchess Opportunity Cayman Fund, Ltd ("Dutchess") which was announced on 30 June 2010. The funds will be used for working capital purposes. The undrawn amount of the Equity Line Facility is 8,900,000.

A total of 3,157,895 ordinary shares of 0.1p in the Company (the "Ordinary Shares") at a price of 19p (as determined pursuant to the terms of the Equity Line Facility) have been allotted to Dutchess subject only to admission to trading on AIM, which is expected to occur on 13 June 2011.

Upon admission of the Ordinary Shares, the Company will have 164,859,074 ordinary shares in issue. The Company does not hold any shares in Treasury. The total voting rights in the Company upon admission of the Ordinary Shares will be 164,859,074.

CHESS . go t in at the right time i did . my info man is good

chess my post 269 was correct i am up 3k