REG - Altona Rare Earths - Notification of Admission and Total Voting Rights

Altona Rare EarthsAnnouncement

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RNS Number : 8778Y  Altona Rare Earths PLC  31 March 2026

31 March 2026

 

 

ALTONA RARE EARTHS PLC

("Altona" or the "Company")

 

NOTIFICATION OF ADMISSION TO TRADING

AND TOTAL VOTING RIGHTS

 

Altona (LSE: REE), a resource exploration and development company focused on
critical raw materials in Africa, announces today the following information in
accordance with The Public Offers and Admissions to Trading Regulations 2024
(POATRs) PRM 1.6.4R.

 

 1   Details of the issuer
 a)  Name                                                     ALTONA RARE EARTHS PLC
 b)  LEI                                                      2138002A5GU9BFS2I491
 2   Details of the transferable securities admitted to trading
 a)  Name, type and identification code                       Ordinary Shares;

                                                              ISIN: GB00BFZNKV91
 b)  Regulated market                                         London Stock Exchange - Main Market
 c)  Number of further securities admitted                    102,383,810
 d)  Total number of securities in issue following admission  429,066,112
 e)  Fungibility                                              Fully fungible with existing Ordinary Shares
 3   Admission details
 a)  Date of admission                                        13 February 2026 - 27 March 2026
 b)  Prospectus information                                   Prospectus: N/A

                                                              Supplementary: N/A

                                                              Company's website: https://altonare.com/
 c)  Coverage of notification                                 All admissions between 13 February to 31(st) March 2026

 

Total Voting Rights (TVR)

In accordance with Disclosure Guidance and Transparency Rule 5.6.1, the
Company would like to notify the market of the following:

i)          As at the 31 March 2026, the Company's issued share
capital consists of 429,066,112 ordinary shares of £0.01 each; and

ii)         The Company does not hold any shares in treasury.

Therefore, the total number of voting rights in the Company will be
429,066,112.

This figure may be used by shareholders as the denominator for the
calculations by which they will determine whether they are required to notify
their interest in, or a change to their interest in, the Company under the
Disclosure Guidance and Transparency Rules.

 

-ends-

 

To subscribe for RNS alerts, please visit: https://investors.altonare.com/
(https://investors.altonare.com/)

 

 Altona Rare Earths Plc
 Cédric Simonet, CEO                +44 (0) 7778 866 108 (cs@altonare.com)
 Louise Adrian, CFO                 +44 (0) 7721 492 922 (la@altonare.com (mailto:la@altonare.com) )

 Strand Hanson (Financial Adviser)  +44 (0) 20 7409 3494
 Christopher Raggett
 Imogen Ellis

 Zeus Capital (Corporate Broker)    +44 (0) 20 3829 5000
 Simon Johnson
 James Hornigold

 

 

About Altona Rare Earths Plc

 

Altona Rare Earths Plc (ticker: REE) is a London Main Market-listed
exploration and development company focused on unlocking the value of critical
raw materials across Africa. The Company is pursuing a diversified strategy,
targeting assets with potential for near-term monetisation alongside long-term
growth.

 

The multi-commodity Monte Muambe Project in northwest Mozambique is a highly
prospective tenement hosting rare earths, fluorspar, and gallium
mineralisation. Since acquiring the project in June 2021, Altona has drilled
over 7,800 metres, delivering a maiden JORC Mineral Resource Estimate of
13.6Mt at 2.42% TREO, secured a 25-year mining licence (granted December
2024), and published a Competent Person Report and scoping study for the rare
earths component of the project (October 2023). The Company has received a US$
1.875 million grant from USTDA to advance the rare earths project through the
prefeasibility stage.

 

In parallel, Altona is progressing plans to fast-track the development of
high-grade fluorspar veins identified along the western and southern margins
of Monte Muambe, with a targeted production of 50,000 tonnes per annum of
acid-grade fluorspar over a minimum 12-year mine life. Acid-grade fluorspar is
a key input in a wide range of applications, including hydrofluoric acid,
lithium battery electrolyte production, and nuclear fuel refining, placing
Altona in a strong position to supply this critical material.

 

The discovery of gallium mineralisation, with grades up to 550 g/t identified
to date, adds further value to Monte Muambe. The Company has established that
gallium will be concentrated in fluorspar production tailings and is assessing
its possible recovery as a by-product of fluorspar.

 

Altona's diversified portfolio also includes the Sesana Copper-Silver Project
in Botswana, strategically located just 25 km from MMG's Khoemacau Zone 5
copper-silver mine. Situated on a recognised regional contact zone for copper
deposits, Sesana represents a compelling exploration opportunity aligned with
Altona's growth strategy.

 

With a unique combination of critical raw materials projects, Altona is well
positioned to contribute to the global supply of highly sought commodities
essential for clean energy, high technology, defence and industrial
applications.

 

The Company and the Board remain actively focused on identifying and
evaluating additional projects that align with our investment profile and
strategic objectives, leveraging our extensive network and combined industry
experience to uncover compelling opportunities that can drive long-term
growth.

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