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

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RNS Number : 6408A  Amur Minerals Corporation  03 February 2022

 

3 February 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 fund raising entered into
with Axis Capital Marketing, LTD ("Investor") on 4 November 2019 and the
subsequently announced issuance of warrants on 20 February 2020 for the fund
raising consideration, the Investor has elected to convert 5,000,000 warrants
("Warrants") at the warrant exercise price of 2.12 pence per share providing
the Company £106,000. The Investor has 5,000,000 warrants remaining.

 

Application will be made to the London Stock Exchange plc for 5,000,000 new
Ordinary Shares to be admitted to trading on the AIM market with admission
expected to occur on or around 9 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 5,000,000 new
Ordinary Shares is 1,387,872,315.

 

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) .

 

 

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