Alba Mineral Resources PLC Change of Adviser (2597V)
November 01 2017 - 8:00AM
UK Regulatory
TIDMALBA
RNS Number : 2597V
Alba Mineral Resources PLC
01 November 2017
Alba Mineral Resources plc
("Alba" or the "Company")
Appointment of Broker
Alba Mineral Resources plc (AIM: ALBA) is pleased to announce
that it has appointed First Equity Limited ("First Equity") as
broker to the Company, effective 1 November 2017. Alba's existing
broking arrangement with Dowgate Capital will terminate as from the
same date.
First Equity Limited ("First Equity") is an independent broker
founded over 30 years ago and based in the City of London that
offers services to institutional and private clients, along with
corporate broking, corporate finance and advisory services to
companies in the natural resources and technology sectors and other
high growth companies. First Equity is authorised & regulated
by the FCA and a member of the London Stock Exchange.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Alba Mineral Resources plc
George Frangeskides (Executive Chairman) Tel: +44 20 7264 4366
Cairn Financial Advisers LLP (Nomad)
James Caithie/Liam Murray Tel: +44 20 7213 0880
First Equity Limited (Broker)
Jason Robertson Tel: +44 20 7374 2212
Alba's Project Portfolio
Oil & Gas
Horse Hill (Oil & Gas, UK): Alba holds a 15 per cent
interest, and has conditionally agreed to acquire a further 3.1 per
cent interest, in Horse Hill Developments Limited, the company
which has a 65 per cent participating interest and operatorship of
the Horse Hill oil and gas project (licences PEDL 137 and PEDL 246)
in the UK Weald Basin.
Brockham (Oil & Gas, UK): Alba has a direct 5% interest in
Production Licence 235, which comprises the previously producing
onshore Brockham Oil Field.
Mining
Amitsoq (Graphite, Greenland): Alba owns a 90 per cent interest
in the Amitsoq Graphite Project in Southern Greenland and has an
option over the remaining 10 per cent.
Black Sands (Ilmenite, Greenland): Alba owns 100 per cent of
mineral exploration licences 2017/29 and 2017/39 in the Thule
region, north-west Greenland.
Melville Bay (Iron Ore, Greenland): Alba is entitled to a 51 per
cent interest in mineral exploration licence 2017/41 in Melville
Bay, north-west Greenland. The licence area benefits from an
existing inferred JORC resource of 67 Mt @ 31.4% Fe.
Inglefield Land (Copper, Cobalt, Gold, Greenland): Alba owns 100
per cent of mineral exploration licence 2017/40 in north-west
Greenland.
Limerick (Base Metals, Ireland): Alba has 100 per cent of the
Limerick base metal project in the Republic of Ireland.
El Mreiti (Uranium, Mauritania): Alba has applied for the
reissue of a uranium permit in northern Mauritania, centred on
known uranium-bearing showings.
Alba continues actively to review numerous other project
opportunities which have value-enhancing potential for the Company
whether by bolt-on or stand-alone acquisition, farm in or joint
venture.
Web: www.albamineralresources.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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