TIDMAXM

RNS Number : 6701S

Alexander Mining PLC

26 September 2014

Alexander Mining plc

("Alexander" or the "Company")

Issue of Equity

The Company announces that it has issued a total of 730,369 new ordinary shares of 0.1p each (the "Ordinary Shares") in lieu of fees, generated in the ordinary course of business, due to advisers and consultants.

The Company's nominated adviser, Northland Capital Partners Limited, has been issued with 222,222 ordinary shares and 88,889 ordinary shares have been issued to the Company's investor relations consultant, Britton Financial PR. These ordinary shares were issued at a price of 3.375p per share, being the closing mid-market price on 30 June 2014, being the final business day of the period to which such fees relate. The Company has also issued a further 419,258 ordinary shares at a price of 5.068p per share to a consultant in respect of the provision of investor relation services in Europe.

Application has been made to the London Stock Exchange for admission to trading on AIM of the Ordinary Shares and dealings are expected to commence on 2 October 2014. Following admission of the Ordinary Shares, the Company will have a total of 176,319,379 ordinary shares in issue with each share carrying the right to one vote.

Enquiries:

 
 Martin Rosser                         Matt Sutcliffe 
  Chief Executive                       Executive Chairman 
  Mobile: +44 (0) 7770 865 341          Mobile: +44 (0) 7887 930 758 
 
 Alexander Mining plc 
  1(st) Floor 
  35 Piccadilly 
  London 
  W1J 0DW 
  Tel: +44 (0) 20 7292 1300 
  Fax: +44 (0) 20 7292 1313 
  Email: mail@alexandermining.com 
  Website: www.alexandermining.com 
 
 Nominated Adviser and Broker 
  Northland Capital Partners Limited 
  Matthew Johnson / Lauren Kettle 
  +44 (0) 20 7382 1100 
 
 Public / Media Relations 
  Britton Financial PR 
  Tim Blackstone 
  +44 (0) 20 7242 9786 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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