REG - Ormonde Mining PLC - Admission to Aquis Growth Market

Ormonde MiningAnnouncement

04/09/2023 08:30

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RNS Number : 2667L  Ormonde Mining PLC  04 September 2023

4 September 2023

 

Ormonde Mining plc

("Ormonde" or the "Company")

 

Admission to Aquis Growth Market

 

Ormonde Mining plc (AQSE: ORM) is pleased to announce that 472,507,482
ordinary shares of €0.01 each in the Company ("Ordinary Shares") have today
been admitted to the Access Segment of the Aquis Growth Market ("Admission").

 

The Ordinary Shares have been suspended from trading on the AIM and Euronext
Growth markets since 7 February 2023, and admission of the Ordinary Shares to
those markets will be cancelled with effect from 07.00 a.m. on 5 September
2023 ("Cancellation"). Dealings in the Ordinary Shares on the Aquis Growth
Market are expected to commence at 08.00 a.m. on 5 September 2023.

 

 Ordinary Share Information

 

·    ISIN:        IE00BF0MZF04

·    TIDM:     ORM

·    SEDOL:   BF0MZG1

 

Note: the ISIN, TIDM and SEDOL of the Company have not changed.

 

About Ormonde

 

With effect from 5 September 2023, Ormonde will own an initial 36.2%
controlling interest (under TSXV Rules) in TRU Precious Metals Corp. (TSXV:
TRU) ("TRU"), which is exploring for gold and copper in the highly prospective
Central Newfoundland Gold Belt in Canada. Ormonde's funding will be used to
fast-track the advancement of TRU's Golden Rose Project as well as the
evaluation of other mineral property transaction opportunities.

 

Ormonde also owns a 20% interest in Peak Nickel Limited, which is advancing
exploration on a potentially significant battery metals project.

 

After Admission, the Company intends to monitor its existing investments,
working with incumbent management to generate maximum value from them. The
Directors will also consider additional investment opportunities as they
arise.

 

Further information about the Company is available on its website at
www.ormondemining.com (http://www.ormondemining.com) .

 

Significant shareholding

The Company has been notified of the following holding which will, on
Admission, represent more than 3% of the issued Ordinary Shares:

 

 Shareholder      % of Issued Share Capital
 Thomas Anderson  24.99

 

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure Guidance and
Transparency Rules, Ormonde has 472,507,482 Ordinary Shares in issue. This
figure of 472,507,482 Ordinary Shares may be used by shareholders in the
Company 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 share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.

 

This announcement, together with any documents incorporated by reference,
shall be deemed to constitute an admission document for the purposes of the
Aquis Growth Market Rules for Issuers - Access. It has not been approved or
reviewed by the Aquis Stock Exchange or the Financial Conduct Authority.

 

For further information, please contact:

 Ormonde Mining                                                                                                                            Tel: +353 (0)1 801 4184
 plc
 Brian Timmons,
 Chairman
 Vigo Consulting (Investor Relations)                                                                                                      Tel: +44 (0)20 7390 0230
 Ben Simons / Fiona
 Hetherington
 Peterhouse Capital (Aquis Corporate Adviser)                                                                                              Tel: +44 (0)20 7469 0930
 Narisha Ragoonanthun / Brefo
 Gyasi

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.

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