TIDMUFO

RNS Number : 7781H

Alien Metals Limited

28 November 2022

Trading Symbols

AIM: UFO

FWB: I3A1

28 November 2022

Alien Metals Ltd ("Alien" or "the Company")

Director and PDMR share purchases . Holdings in Company.

Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, is pleased to update shareholders of director and PDMR dealings in relation to the managed sell down of Artemis Resources Limited's remaining shareholding in Alien Metals Ltd.

Roderick ("Rod") McIllree, Executive Chairman, has purchased an additional 48,833,333 shares in Alien Metals Ltd. Accordingly, Rod now holds 127,404,762 shares in the Company representing 2.5% of the Company's issued share capital which has been purchased entirely "on market". Mark Culbert, an independent non-executive director, purchased an additional 1,666,666 shares and thereby holds 6,666,666 Shares in the Company. Dan Smith, non-executive director has purchased a further 2.5m shares and thereby holds 4,517,715 shares in the Company. Troy Whittaker, the CEO of Iron Ore Company of Australia Pty Limited ("IOCA"), the Company's 100% owned subsidiary, has purchased a further 11,666,666 shares and accordingly now holds 18,809,523 shares in total.

In addition, a further 44,999,999 shares were acquired by the Company PDMR's and employees. The balance went to existing shareholders of Alien Metals Ltd with the process managed by WH Ireland, the Company's broker at a price of 0.30 pence per share.

The shares were purchased from Artemis Resources Ltd, who after being released from escrow early, have now sold the remaining balance of their holding of 215,617,818 shares, representing 4.26% of the Company's total issued share capital.

Accordingly, Artemis Resources is no longer a shareholder in the Company.

For further information please visit the Company's website at www.alienmetals.uk, or contact:

Alien Metals Limited

Rod McIllree, Executive Chairman

Tel: +44 (0) 20 7138 3204

Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish

Tel: +44 (0) 207 628 3396

WH Ireland Ltd (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 207 220 1666

BlytheRay (Financial PR)

Tim Blythe / Megan Ray / Said Izagaren

Tel: +44 (0) 20 7138 3204

Notes to Editors

Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in November 2022 exercised its option to move to 90% once certain CP's are satisfied. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.

The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2 exploration tenement around the mine.

In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium.

The Company also holds silver, copper and base metal projects in Mexico however is currently looking at the best way to divest these for the benefit of shareholders.

Roderick McIllree

 
1   Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                     Roderick McIllree 
2   Reason for notification 
a)  Position / status                        Executive Chairman 
b)  Initial notification/Amendment           Initial 
3   Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
a)  Name                                     Alien Metals Limited 
b)  LEI                                      213800KS2BKR6QBRHE44 
4   Details of the transaction(s): section to be repeated for (i) each 
     type of instrument; (ii) each type of transaction; (iii) each date; 
     and (iv) each place where transactions have been conducted 
a)  Description of the financial               51,333,333 Common Shares of 
     instrument, type of instrument             Alien Metals Limited ISIN VGG017351021 
     identification code 
    Nature of the transaction                Director's share purchase 
c)  Price(s) and volumes(s)                    Price(s)      Volumes(s) 
                                                0.30 pence    51,333,333 
                                                             ----------- 
d)  Aggregated information                   n/a 
e)  Date of the transaction                  28th November 2022 
f)  Place of the transaction                 London Stock Exchange, AIM 
                                              (XLON) 
 

Mark Culbert

 
1   Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                     Mark Culbert 
2   Reason for notification 
a)  Position / status                        Non-Executive Director 
b)  Initial notification/Amendment           Initial 
3   Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
a)  Name                                     Alien Metals Limited 
b)  LEI                                      213800KS2BKR6QBRHE44 
4   Details of the transaction(s): section to be repeated for (i) each 
     type of instrument; (ii) each type of transaction; (iii) each date; 
     and (iv) each place where transactions have been conducted 
a)  Description of the financial              1,666,666 Common Shares of 
     instrument, type of instrument            Alien Metals Limited ISIN VGG017351021 
     identification code 
    Nature of the transaction                Director's share purchase 
c)  Price(s) and volumes(s)                    Price(s)      Volumes(s) 
                                                0.30 pence    1,666,666 
                                                             ----------- 
d)  Aggregated information                   n/a 
e)  Date of the transaction                  28 November 2022 
f)  Place of the transaction                 London Stock Exchange, AIM 
                                              (XLON) 
 

Dan Smith

 
1   Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                     Dan Smith 
2   Reason for notification 
a)  Position / status                        Non-Executive Director 
b)  Initial notification/Amendment           Initial 
3   Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
a)  Name                                     Alien Metals Limited 
b)  LEI                                      213800KS2BKR6QBRHE44 
4   Details of the transaction(s): section to be repeated for (i) each 
     type of instrument; (ii) each type of transaction; (iii) each date; 
     and (iv) each place where transactions have been conducted 
a)  Description of the financial              2,500,000 Common Shares of 
     instrument, type of instrument            Alien Metals Limited ISIN VGG017351021 
     identification code 
    Nature of the transaction                Director's share purchase 
c)  Price(s) and volumes(s)                    Price(s)      Volumes(s) 
                                                0.30 pence    2,500,000 
                                                             ----------- 
d)  Aggregated information                   n/a 
e)  Date of the transaction                  28 November 2022 
f)  Place of the transaction                 London Stock Exchange, AIM 
                                              (XLON) 
 

Troy Whittaker

 
1   Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                     Troy Whittaker 
2   Reason for notification 
a)  Position / status                        PDMR 
b)  Initial notification/Amendment           Initial 
3   Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
a)  Name                                     Alien Metals Limited 
b)  LEI                                      213800KS2BKR6QBRHE44 
4   Details of the transaction(s): section to be repeated for (i) each 
     type of instrument; (ii) each type of transaction; (iii) each date; 
     and (iv) each place where transactions have been conducted 
a)  Description of the financial              11,666,666 Common Shares of Alien Metals 
     instrument, type of instrument            Limited ISIN VGG017351021 
     identification code 
    Nature of the transaction                PDMR share purchase 
c)  Price(s) and volumes(s)                    Price(s)      Volumes(s) 
                                                0.30 pence    11,666,666 
                                                             ----------- 
d)  Aggregated information                   n/a 
e)  Date of the transaction                  28th November 2022 
f)  Place of the transaction                 London Stock Exchange, AIM (XLON) 
 

Lloyd Edmunds

 
1   Details of the person discharging managerial responsibilities / person closely associated 
a)  Name                                     Lloyd Edmunds 
2   Reason for notification 
a)  Position / status                        PDMR 
b)  Initial notification/Amendment           Initial 
3   Details of the issuer, emission allowance market participant, auction 
     platform, auctioneer or auction monitor 
a)  Name                                     Alien Metals Limited 
b)  LEI                                      213800KS2BKR6QBRHE44 
4   Details of the transaction(s): section to be repeated for (i) each 
     type of instrument; (ii) each type of transaction; (iii) each date; 
     and (iv) each place where transactions have been conducted 
a)  Description of the financial              11,666,666 Common Shares of 
     instrument, type of instrument            Alien Metals Limited ISIN VGG017351021 
     i dentification code 
    Nature of the transaction                PDMR share purchase 
c)  Price(s) and volumes(s)                    Price(s)      Volumes(s) 
                                                0.30 pence    11,666,666 
                                                             ----------- 
d)  Aggregated information                   n/a 
e)  Date of the transaction                  28 November 2022 
f)  Place of the transaction                 London Stock Exchange, AIM 
                                              (XLON) 
 

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END

DSHFESFSAEESEFF

(END) Dow Jones Newswires

November 28, 2022 05:11 ET (10:11 GMT)

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