29 April
2022
ALTONA RARE EARTHS
PLC
(“Altona” or “the Company”)
NOTICE OF
WARRANTHOLDER MEETING
ISSUE OF
WARRANTS
Altona (AQSE: ANR) announces it will hold a Warrantholder
Meeting on Tuesday 24 May 2022
remotely, via a zoom call.
The meeting is being called to vote on the proposal to re-price
the 1 October 2021, 20 pence warrants, which were issued to those
shareholders who subscribed in the September
2021 placing and also the placing which was announced on
27 April 2022.
The Notice of the Warrantholder Meeting has been posted to those
warrantholders who own October 2021
warrants and this circular can be found on the Company’s
website:
https://www.altonare.com/investors/documents/
The Company has also issued warrants at 12 pence to subscribers of the 27 April 2022 placing, on a one for two basis,
thereby issuing 3.125 million new warrants, with an expiry date of
31 March 2023.
The Company wishes to correct the RNS of 27 April 2022 (at 7am) when it stated its broker will receive
30,000 warrants, when in fact it will receive £30,000 of broker
warrants.
-ends-
Altona Rare Earths Plc
Christian Taylor-Wilkinson, Chief
Executive
+44 (0) 7795 168 157
Martin Wood, Non-Executive
Chairman
+44 (0) 7880 787 080
Alfred Henry Corporate Finance Ltd (AQSE Corporate
Adviser )
Jon Isaacs / Nick
Michaels
+44 (0) 20 3772 0021
Optiva Securities (Broker)
Daniel
Ingram
+44 (0) 20 3411 1882
Company Information
Altona Rare Earths Plc is a mining exploration company focused
on the evaluation, development and extraction of Rare Earth Element
(REE) metals in Africa. It owns a REE mining project in
Mozambique; the Monte Muambe
Project, a significant Light REE mining project in the southwest of
the country, where exploration work commenced on 1 October 2021. The Company is in the process of
investigating other REE opportunities in Africa.
.