REG - Altona Rare Earths - Total Voting Rights

Altona Rare EarthsAnnouncement

30/04/2025 18:30

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RNS Number : 9264G  Altona Rare Earths PLC  30 April 2025

30 April 2025

 

 

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

 

 

TOTAL VOTING RIGHTS

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, as at
30 April 2025, the Company's issued share capital consists of 166,742,304
Ordinary Shares of 1 pence, each with one voting right. The Company does not
hold any Ordinary Shares in treasury. Therefore, the total number of voting
rights in the Company is 166,742,304.

The above figure of 166,742,304 should 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 Guidance and Transparency Rules.

 

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(https://investors.altonare.com/)

 

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Altona Rare Earths Plc

Cédric Simonet,
CEO
+44 (0) 7778 866 108

Louise Adrian,
CFO
+44 (0) 7721 492 922

 

Strand Hanson (Financial Adviser)
 
      +44 (0) 20 7409 3494

Christopher Raggett

 

 

About Altona Rare Earths Plc

 

Altona is a resource exploration and development company focused on critical
raw materials in Africa. The Company is listed on the Main Market of the
London Stock Exchange with the ticker "REE". The Company currently holds
copper, fluorspar and rare earths projects.

 

The Monte Muambe rare earths and fluorspar projects is located in Northwest
Mozambique. The Project was acquired in June 2021, and the Company has so far
drilled over 7,800m, and defined a maiden JORC Mineral Resource Estimate of
13.6 million tons at 2.42% TREO. A Competent Person Report including the
Scoping Study for Monte Muambe was published on 18 October 2023. The Project
is now at Prefeasibility Study stage, with a focus on metallurgical testing
for rare earths extraction.

 

The Company is also assessing the possibility of rapidly putting in production
high-grade fluorspar veins occurring at Monte Muambe along the western margin
of the rare earth bearing carbonatite intrusion.

 

Altona is presently diversifying its portfolio by acquiring a limited number
of critical raw material projects to complement Monte Muambe. The acquisitions
of the Kabompo South copper project in Zambia and of the Sesana copper-silver
project in Botswana, located just 25 km from MMG's Khoemacau Zone 5
copper-silver mine, represent the first steps towards the implementation of
this expanded strategy.

 

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