REG - Alien Metals Limited - Issue of Shares and Total Voting Rights

Alien MetalsAnnouncement

23/04/2025 12:00

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RNS Number : 8884F  Alien Metals Limited  23 April 2025

 

Trading Symbols

AIM: UFO

FWB: I3A1

23 April 2025
 

 

Alien Metals Limited

("Alien" or the "Company")

 

Issue of Shares and Total Voting Rights

 

Alien Metals Limited (AIM: UFO), a minerals exploration and development
company, announces that it has today issued 68,443,400 new common shares of no
par value each in the Company ("Common Shares") in lieu of payments totalling
in aggregate £57,635 in respect of certain advisory services.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for admission of the
68,443,400 Common Shares to trading on AIM. It is expected that admission will
become effective and dealings in the Common Shares will commence on AIM at
8.00 a.m. on 28 April 2025.

The new Common Shares will be issued fully paid and will rank pari passu in
all respects with the Company's existing Common Shares.

Following Admission, the total number of Common Shares in the capital of the
Company in issue will be 7,578,358,786 with voting rights. This figure may be
used by shareholders 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 Company's issued share capital pursuant to the
Company's Articles.

 

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

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Robert Collins

Tel: +44 (0) 207 409 3494

 

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

 

CMC Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8632

 

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Zara McKinlay

Tel: +44 (0) 203 004 9512

 

Notes to Editors

Alien Metals Limited is a mining exploration and development company listed on
the AIM market of the London Stock Exchange (AIM: UFO). The Company's focus is
on delivering a profitable direct shipping iron ore operation from it 90%
Hancock iron ore project in the central Pilbara region of Western Australia.
The Hancock tenements currently contain a JORC-compliant resource of 8.4Mt
iron ore @ 60% Fe and offers significant exploration upside which is targeted
to deliver a mining operation of 2Mtpa for 10 years.

These Hancock Project tenements have direct access to the Great Northern
Highway, which provides an essential export route to export facilities at Port
Hedland, from where more than 500Mt of iron ore is exported annually (30% of
global production). The Company also has an interest in two iron ore
exploration projects Brockman and Vivash, located in the West Pilbara.

The Company aowns one of Australia's largest PGM deposits, Munni Munni which
hosts a deposit containing a historic resource of 2.2Moz PGM (Palladium,
Platinum, Gold, and Rhodium). The Company has recently entered into a joint
venture with Errawarra Resources Limited for the development of the Elizabeth
Hill Silver Project, located near Karratha in the Pilbara, which consists of
the Elizabeth Hill Mining Lease and exploration tenements surrounding the
historical silver mine which has produced some of Australia's highest-grade
silver ore during the late 1990's.

 

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