REG - Alba Mineral Resrcs. - Exercise of Share Warrants

Alba Mineral ResourcesAnnouncement

02/09/2022 12:15

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RNS Number : 1347Y  Alba Mineral Resources PLC  02 September 2022

Alba Mineral Resources plc

("Alba" or the "Company")

Exercise of Share Warrants

Alba Mineral Resources plc (AIM: ALBA) announces that it has received notice
to exercise share warrants for 16,923,077 shares.  The warrants have an
exercise price of 0.13p per share and an expiry date of 4 September 2022.
The total proceeds received by the Company amounts to £22,000.

Admission to AIM

Application will be made for the new ordinary shares which are to be issued in
respect of this exercise of share warrants to be admitted to trading on AIM
("Admission"). It is expected that Admission of the new ordinary shares will
become effective at 8.00 a.m. on or around 8 September 2022. The new ordinary
shares will be issued credited as fully paid and will rank in full for all
dividends and other distributions declared, made or paid after Admission and
will otherwise rank on Admission pari passu in all respects with the existing
ordinary shares.

Total Voting Rights

Following Admission, the total number of ordinary shares in issue will be
6,621,568,996. The Company does not hold any ordinary shares in treasury.
Therefore, the total number of ordinary shares with voting rights will be
6,621,568,996. This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the Financial Conduct Authority's
Disclosure and Transparency Rules.

This announcement contains inside information for the purposes of
the UK Market Abuse Regulation and the Directors of the Company are
responsible for the release of this announcement.

**ENDS**

 

For further information, please visit www.albamineralresources.com
(http://www.albamineralresources.com) or contact:

 

Alba Mineral Resources plc

George Frangeskides, Executive
Chairman                     +44 20 3950 0725

 

SPARK Advisory Partners Limited (Nomad)

Andrew
Emmott
+44 20 3368 3555

 

OvalX (Broker)

Thomas
Smith
+44 20 7392 1494

 

St Brides Partners (Financial PR)

Isabel de Salis / Catherine Leftley
          alba@stbridespartners.co.uk

 

 

Alba's Projects and Investments

 Mining Projects Operated by Alba   Location   Ownership
 Clogau (gold)                      Wales      100%
 Dolgellau Gold Exploration (gold)  Wales      100%
 Gwynfynydd (gold)                  Wales      100%
 Limerick (zinc-lead)               Ireland    100%
 Investments Held by Alba           Location   Ownership
 GreenRoc Mining Plc (mining)       Greenland  54%
 Horse Hill (oil)                   England    11.765%

 

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