REG - Amur Minerals Corp - Exercise of Warrants and Issue of Equity

Amur MineralsAnnouncement

28/01/2022 10:55

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220128:nRSb0000Aa&default-theme=true

RNS Number : 0000A  Amur Minerals Corporation  28 January 2022

 

28 January 2022

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Exercise of Warrants and Issue of Equity

 

 

Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper
sulphide mineral exploration and resource development company focused on the
far east of Russia, announces that, pursuant to the fixed term loan note
agreement entered into with Plena Global Opportunities LLC ("Investor") and
announced on 12 March 2020, the Investor has elected to convert 3,000,000
warrants ("Warrants") at the warrant exercise price of 1.43 pence per share
providing the Company £42,900. The Investor has 1,723,776 warrants remaining.
The Company repaid the loan note in full on 4 May 2020.

 

Application will be made to the London Stock Exchange plc for 3,000,000 new
Ordinary Shares to be admitted to trading on the AIM market with admission
expected to occur on or around 3 February 2022. The new Ordinary Shares rank
pari passu in all respects with the existing Ordinary Shares including the
right to receive any dividend or other distribution thereafter declared, made
or paid.  There are no Ordinary Shares held in treasury. Therefore, the total
number of voting rights in the Company, following the issue of 3,000,000 new
Ordinary Shares is 1,382,872,315.

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No
596/2014, which was incorporated into UK law by the European Union
(Withdrawal) Act 2018, until the release of this announcement.

 

 

 Company               Nomad and Broker                   Public Relations

 Amur Minerals Corp.   S.P. Angel Corporate Finance LLP   Blytheweigh
 Robin Young CEO       Richard Morrison                   Megan Ray

                       Andrew Cowl                        Tim Blythe
 +44 (0) 7981 126 818  +44 (0) 20 3470 0470               +44 (0) 20 7138 3203

 

For additional information on the Company, visit the Company's website,
www.amurminerals.com (http://www.amurminerals.com) .

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEPPUUAGUPPGUR