Amur Minerals Corporation Issue of Equity (9948V)
August 13 2015 - 7:47AM
UK Regulatory
TIDMAMC
RNS Number : 9948V
Amur Minerals Corporation
13 August 2015
13 August 2015
Amur Minerals Corporation
(AIM: AMC)
Issue of Equity
Amur Minerals Corporation ("Amur" or the "Company"), an
exploration and development company focused on Far East Russia,
announces that it has [today] issued 976,400 new ordinary shares of
no par value in the Company, following the exercise of options by
certain Russian employees of the Company.
The new ordinary shares will rank pari passu with existing
ordinary shares in the Group and application will be made for these
new ordinary shares to be admitted to trading on AIM, which is
expected to occur on or around [19 August 2015].
Following this exercise of options, there are a total of
38,896,100 share options over Ordinary Shares outstanding held by
certain Directors, Senior Management and Employees.
As a consequence of the exercise of share options as detailed
above, the Group's issued capital now comprises 437,522,889
ordinary shares of no par value. There are no ordinary shares held
in Treasury. Therefore the total number of voting rights in the
Company is now 437,522,889.
The above figure of 437,522,889 may be used by shareholders in
the Group as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Group under
the FCA's Disclosure and Transparency Rules.
Robin Young, CEO of Amur Minerals Corporation, commented:
"As the parent of our ZAO Kun-Manie subsidiary, the management
of Amur view the exercise of these options by our Russian staff as
a positive. These staff are fully dedicated to the success of Amur
and have consistently performed to a high professional standard and
have been key in the success of obtaining our production
licence."
Enquiries:
Company Nomad and Broker Public Relations
Amur Minerals S.P. Angel Corporate Yellow Jersey
Corp. Finance LLP PR
Robin Young CEO Dominic Barretto
Ewan Leggat Kelsey Traynor
Katy Birkin
+44 (0) 7981 126 +44 (0) 20 3470 +44 (0) 77 99
818 0470 003 220
This information is provided by RNS
The company news service from the London Stock Exchange
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