The 1 billion shares started trading on 14 December. The dilution has already happened. See RNS below, though note that I have cut out the non-relevant bits as this is a list of all shares admitted that day from all companies.
RNS Number:6326V
AIM
14 December 2005
NOTICE
(617)
14/12/2005 8:00am
The London Stock Exchange admits the following securities to trading on AIM:
NEW MILLENNIUM RESOURCES LD
1,000,000,000 Ordinary Shares of No Par Value (3-089-501)(AU000000YAJ4)
fully paid
If you have any queries or require further information, please contact Issuer
Implementation on 020 7797 1473.
AIMNOT617
This information is provided by RNS
The company news service from the London Stock Exchange
END