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RNS Number : 6035B Zinnwald Lithium PLC 31 January 2024
31 January 2024
Zinnwald Lithium plc
("Zinnwald Lithium" or the "Company")
Total Voting Rights
Zinnwald Lithium plc, the German focused lithium development company,
announces that the Company's issued share capital as at the date of this
announcement comprises 474,536,675 ordinary shares of 1 pence each, with one
voting right per share ("Ordinary Shares"). The Company does not hold any
ordinary shares in treasury and therefore the total number of Ordinary Shares
with voting rights in the Company is 474,536,675.
The above figure of 474,536,675 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.
For further information contact:
Anton du Plessis Zinnwald Lithium plc info@zinnwaldlithium.com
David Hart Allenby Capital Limited +44 (0) 20 3328 5656
Dan Dearden-Williams (Nominated Adviser)
Mike Seabrook Oberon Capital +44 (0) 20 3179 5344
Adam Pollock (Joint Broker) +44 (0) 20 3179 5315
Richard Greenfield Tamesis Partner LLP +44 (0) 20 3882 2868
Charles Bendon (Co-Broker to the Placing)
Isabel de Salis St Brides Partners (Financial PR) info@stbridespartners.co.uk
Paul Dulieu
Notes
Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, German focused lithium
development company focussed on becoming an important supplier
to Europe's fast-growing battery sector. The Company owns the Zinnwald
Lithium Project in Germany, an advanced development project with attractive
economics and approved mining licence. Its PEA, published in September 2022
highlighted the positive economics of the Project with a Pre-tax NPV8 of
US$1,605m, IRR of 39.0%, $192m EBITDA and a payback of just 3.3 years. The
Project is located in the heart of Europe's chemical and automotive
industries and has the potential to be one of Europe's more advanced battery
grade lithium projects.
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