REG - First Tin PLC - Admission of New Ordinary Shares and TVR

First TinAnnouncement

20/11/2024 11:15

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RNS Number : 9898M  First Tin PLC  20 November 2024

 

20 November 2024

First Tin PLC

("First Tin" or "the Company")

Admission of New Ordinary Shares and Total Voting Rights

First Tin PLC, a tin development company with advanced, low capex projects in
Germany and Australia, announces that further to its announcement on 28
October 2024 relating to the successful placing of and subscription of
133,333,334 Ordinary Shares ("New Ordinary Shares") of £0.001 each in the
capital of the Company at a price of 6 pence per Ordinary Share have today
been admitted to the standard listing segment of the Official List of the
Financial Conduct Authority ("FCA") and to trading on the Main Market for
listed securities of the London Stock Exchange under the ticker "1SN"
("Admission").

Total Voting Rights

In accordance with the FCA's Disclosure Guidance and Transparency Rules
("DGTRs"), the Company confirms that following Admission at 8.00 a.m. today,
it has in issue 451,868,306 ordinary shares of no par value and carrying one
voting right each. The Company does not hold any ordinary shares in treasury.
Accordingly, the total number of voting rights in the Company is 451,868,306,
which may be used by shareholders 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 Company under the DGTRs.

Enquiries:

 

 First Tin                                                                      Via SEC Newgate below
 Bill Scotting - Chief Executive Officer
 Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)
 Simon Catt                                                                     020 7389 5016

 Zeus Capital Limited (Joint Broker and Bookrunner)
 Harry Ansell/Dan Bristowe/Katy Mitchell                                        020 3829 5000

 SEC Newgate (Financial Communications)
 Elisabeth Cowell / Molly Gretton                                               07900 248 213

 

Notes to Editors

First Tin PLC is an ethical, reliable, and sustainable tin production company
led by a team of renowned tin specialists. The Company is focused on becoming
a tin supplier in conflict-free, low political risk jurisdictions through the
rapid development of high value, low capex tin assets in Germany and
Australia, which have been de-risked significantly, with extensive work
undertaken to date.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

 

 

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