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RNS Number : 7660Y First Tin PLC 01 August 2024
1 August 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 Placing announcement on
10 July 2024, 53,000,000 Ordinary Shares of £0.001 each in the capital of
the Company at a price of 4 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 318,534,972 ordinary shares of GBP 0.001 each 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 318,534,972
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
and Bookrunner)
Simon Catt 020 7389 5016
Zeus Capital Limited (Joint Broker)
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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