REG-Anglesey Mining PLC: Issue of Equity - Warrants exercised

Anglesey MiningAnnouncement

09/12/2020 09:00

Further issue of new shares for proceeds of £28,350 gross

Anglesey Mining plc announces that it has issued 1,575,000 new ordinary
shares, representing approximately 0.7% of the company’s current issued
share capital, at 1.8 pence per share following the exercise of warrants.
These warrants were granted as part of the placing of 12.5 million shares
which took place on 24 August 2020. Following this share issue no further
warrants remain outstanding.

Admission and Total Voting Rights

The new ordinary shares of 1 pence each issued in respect of this transaction
will rank pari passu with the existing ordinary shares of the company and are
expected to be admitted to the Official List and to trading on the London
Stock Exchange’s main market on 14 December 2020.

The issued ordinary share capital of the company is now 211,975,732 ordinary
shares of 1 pence each with voting rights; there are no shares held in
treasury.  This figure may be used by shareholders as the denominator for the
calculations which will determine whether they are required to notify their
interest in the company, or any change to that interest, under the Financial
Conduct Authority’s Disclosure and Transparency Rules.

About Anglesey Mining plc

Anglesey is carrying out development and exploration work at its 100% owned
Parys Mountain zinc-copper-lead deposit in North Wales, UK with a reported
resource of 2.1 million tonnes at 6.9% combined base metals in the indicated
category and 4.1 million tonnes at 5.0% combined base metals in the inferred
category

Anglesey holds a 10.0% interest, and management rights to the Grangesberg Iron
project in Sweden, together with a right of first refusal to increase its
interest by a further 50.1%.

Anglesey also has 12% of Labrador Iron Mines Holdings Limited which holds
direct shipping iron ore deposits in Labrador and Quebec.

For further information please contact:
Bill Hooley, Chief Executive  07785 572517
Danesh Varma, Finance Director  07740 932766
Thomas Smith, ETX Capital  020 7392 1432
 



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