REG - Alien Metals Limited - Exercise of Warrants and Issue of Equity
RNS Number : 8766LAlien Metals Limited15 January 2021
Trading Symbols
AIM: UFO
FWB: I3A1
15 January 2021
Alien Metals Ltd
("Alien Metals" or "the Company")
Exercise of Warrants and Issue of Equity
Alien Metals Ltd, a minerals exploration and development company, is pleased to announce that, following the receipt of Exercise Notices, it has issued 2,000,000 ordinary shares of no par value in the capital of the Company at an issue price of 0.3 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 2,000,000 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 20 January 2021.
Following Admission, the Company will have 3,422,791,048 ordinary shares of no par value in issue. The Company has no shares in treasury, therefore the figure of 3,422,791,048 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.
- Ends -
For further information please visit the Company's website at www.alienmetals.uk, or contact:
Alien Metals Limited
Bill Brodie Good, CEO & Technical Director
Tel +44 (0)20 3907 4060
First Equity Limited (Joint Broker)
Jason Robertson
Tel +44 (0)20 7374 2212
Beaumont Cornish Limited (Nomad)
James Biddle/ Roland Cornish
Tel: +44 (0) 20 7628 3396
Turner Pope Investments (TPI) Limited (Joint Broker)
Andy Thacker
Tel +44 (0)20 3657 0050
Yellow Jersey PR (Financial PR)
Sarah Hollins / Joe Burgess / Matthew McHale
alienmetals@yellowjerseypr.com
Tel: +44 (0) 20 3004 9512
Notes to Editors
Alien Metals Ltd is a mining exploration and development company listed on AIM of the London Stock Exchange (LSE: UFO). The Company's focus is on precious and base metal commodities.
Alien Metals has embarked upon an acquisition-led strategy headed by a high-quality geological team to build a strong portfolio of diversified assets including two recent acquisitions in 2019. These include the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and the Elizabeth Hill Silver projects both located in the Pilbara region, Western Australia.
In addition to progressing and developing its portfolio of assets and following its strategic review of its portfolio of silver and precious metals projects in Mexico, Alien Metals has identified priority exploration targets within its 9 mining concessions which it is working to advance systematically. The Company's silver projects are located in the Zacatecas State, Mexico's largest silver producing state which produced over 190m oz of silver in 2018 alone accounting for 45% of the total silver production of Mexico for that year.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDIOEUVOARARUAAAR
Recent news on Alien Metals
See all newsREG - Alien Metals Limited - Funding Facility, Board Appointment & Update
AnnouncementREG - Alien Metals Limited - Appointment of Nominated and Financial Adviser
AnnouncementREG - Alien Metals Limited - Iron Ore Development Study for Hancock Project
AnnouncementREG - Alien Metals Limited - Management Changes
AnnouncementREG - Alien Metals Limited - Native Title Agreement for Hancock Project
Announcement