Alien Metals Limited EXERCISE OF OPTIONS AND ISSUE OF EQUITY (1443I)
01 Dezembro 2022 - 4:00AM
UK Regulatory
TIDMUFO
RNS Number : 1443I
Alien Metals Limited
01 December 2022
1 December 2022
ALIEN METALS LIMITED
("Alien Metals" or "the Company")
EXERCISE OF OPTIONS AND ISSUE OF EQUITY
Alien Metals Limited, a minerals exploration and development
company, is pleased to announce that, following the receipt of an
Exercise Notice, it has issued 2,500,000 ordinary shares of no par
value in the capital of the Company at an issue price of 0.25 pence
per share ("New Ordinary Shares"). The New Ordinary Shares will
rank pari passu with the existing ordinary shares in issue and
application will be made to the London Stock Exchange for 2,500,000
New Ordinary Shares to be admitted to trading on AIM. Admission of
the New Ordinary Shares is expected to become effective at 08.00 on
or around 6 December 2022.
Following Admission, the Company will have 5,064,836,801
ordinary shares of no par value in issue. The Company has no shares
in treasury, therefore the figure of 5,064,836,801 should be used
by shareholders for the calculations by which they will determine
if they are required to notify their interest in, or a change of
their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
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.
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END
IOEBMBFTMTJJBPT
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December 01, 2022 02:00 ET (07:00 GMT)
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