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From the Wires
Cardinal Resources plc: Holdings in Company
Cardinal Resources plc: Holdings in Company

By: Marketwire .
Jan. 26, 2006 05:24 PM

LONDON -- (MARKET WIRE) -- 01/26/06 -- Cardinal Resources plc (LSE: CDL) ("Cardinal" or "The Company"), an independent oil and gas production and exploration company operating in Ukraine, was today notified that, following a sale of 1,000,000 shares at 26.98 pence per share, DKR Saturn Event Driven Holding Fund Ltd. now has an interest in 6,145,000 Cardinal Ordinary Shares, representing 5.36% of the issued Ordinary Share capital of the Company.

Notes to Editor

Cardinal Resources plc

Cardinal Resources plc is an independent oil and gas production and exploration company with assets in Ukraine. Cardinal is an experienced operator in the country focused on expanding its existing operations through the farm-in or acquisition of additional upstream oil and gas assets that can be further developed through the application of modern technology and expertise.

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

For further information please contact:

Cardinal Resources
Kate Spiro
+44 (0) 20 7936 5258
Email Contact

Parkgreen Communications
Justine Howarth / Victoria Thomas
+44 (0) 20 7493 3713
Email Contact

Published Jan. 26, 2006
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