REG - PYX Resources Ltd. - Issue of Equity and TVR

PYX ResourcesAnnouncement

07/07/2022 09:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220707:nRSG6667Ra&default-theme=true

RNS Number : 6667R  PYX Resources Limited  07 July 2022

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR THE REPUBLIC OF
SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR
DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.  THE COMMUNICATION OF
THIS ANNOUNCEMENT IS NOT BEING MADE, AND HAS NOT BEEN APPROVED, BY AN
AUTHORISED PERSON FOR THE PURPOSES OF SECTION 21 OF THE UK FINANCIAL SERVICES
AND MARKETS ACT 2000.

 

PYX Resources Limited / EPIC: PYX / Market: Standard / Sector: Mining

 

 

7 July 2022

 

PYX Resources Limited

Issue of Shares to L1 Capital Global Opportunities Master Fund and Total
Voting Rights

PYX Resources Ltd (PYX or the Company) (NSX: PYX | LSE: PYX), the second
largest publicly listed zircon producing mining company globally by zircon
resources, advises that an Application for Quotation of Additional Securities
has been issued on the NSX.

The Company has issued and allotted 857,000 ordinary shares of no par value
pursuant to a Subscription Notice received in accordance with the Share
Placement made to a US Institutional Investor as announced on 11 March 2022.

A full PDF version of the Application for Quotation of Additional Securities
is available from the NSX website
(https://pyxresources.com/investors-nsx-announcements/
(https://pyxresources.com/investors-nsx-announcements/) )

Application will be made for the new Ordinary Shares to be admitted to the
standard segment of the Official List and to trading on the Main Market of the
London Stock Exchange, and admission is expected to occur at 8:00 a.m. on or
around 12 July 2022. The new Ordinary Shares will rank pari passu with the
existing Ordinary Shares of the Company.

Following Admission, the Company's issued share capital will consist of
437,556,484 Ordinary Shares, no Ordinary Shares are held in treasury.
Therefore, the total number of Ordinary Shares with voting rights in the
Company will be 437,556,484.

The above figure of 437,556,484 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 share capital
of the Company under the FCA's Disclosure Guidance and Transparency Rules.

The notification below, made in accordance with the requirements of the EU
Market Abuse Regulation, provides further detail.

** ENDS ***

 

This announcement is authorised for release by Oliver B. Hasler, Chairman and
Chief Executive Officer.

For more information:

 PYX Resources Limited                                     T: +852 3519 2860

 Oliver B. Hasler, Chairman and Chief Executive Officer    E: ir@pyxresources.com
 VSA Capital Limited (Financial Adviser and Joint Broker)  T: +44 (0)20 3005 5000

 Andrew Raca (Corporate Finance)

 Andrew Monk / David Scriven (Corporate Broking)
 WH Ireland Limited (Financial Adviser and Joint Broker)   T: +44 (0)20 7220 1666

 Harry Ansell / Katy Mitchell / Megan Liddell
 St Brides Partners Ltd (Financial PR)                     E: pyx@stbridespartners.co.uk

 Ana Ribeiro/ Isabel de Salis / Isabelle Morris

About PYX Resources

PYX Resources Limited (NSX: PYX | LSE: PYX) is a producer of premium zircon
dual listed on the National Stock Exchange of Australia and on the Main Market
of the London Stock Exchange. PYX's key deposits, Mandiri and Tisma, are
large-scale, near-surface open pit deposits both located in the alluvium-rich
region of Central Kalimantan, Indonesia. PYX, whose Mandiri deposit has been
in production since 2015, is the 2nd largest publicly traded producing mineral
sands company by zircon resources globally. Determined to mine responsibly and
invest in the wider communities where we operate, PYX Resources is committed
to fully develop its Mandiri and Tisma deposits, with the vision to
consolidate the mineral sands resources in Kalimantan and explore and acquire
mineral sands assets in Asia and beyond.

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IOEUBUWRUWUBRRR