Issue of new shares for proceeds of £45,000
Anglesey Mining plc announces that it has issued 2,500,000 new
ordinary shares, representing approximately 1.3% of the company’s
current issued share capital, at 1.8
pence per share following the exercise of warrants. These
warrants were granted as part of the placing of 12.5 million shares
which took place on 24 August
2020.
Admission and Total Voting Rights
The new ordinary shares of 1 pence
each issued in respect of this transaction will rank pari passu
with the existing ordinary shares of the company and are expected
to be admitted to the Official List and to trading on the London
Stock Exchange’s main market on 9 October
2020.
The issued ordinary share capital of the company is now
201,975,732 ordinary shares of 1
pence each with voting rights; there are no shares held in
treasury. This figure may be used by shareholders as the
denominator for the calculations which will determine whether they
are required to notify their interest in the company, or any change
to that interest, under the Financial Conduct Authority’s
Disclosure and Transparency Rules.
About Anglesey Mining plc
Anglesey is carrying out development and exploration work at its
100% owned Parys Mountain zinc-copper-lead deposit in North Wales, UK with a reported resource of
2.1 million tonnes at 6.9% combined base metals in the indicated
category and 4.1 million tonnes at 5.0% combined base metals in the
inferred category
Anglesey holds a 10.0% interest, and management rights to the
Grangesberg Iron project in Sweden, together with a right of first refusal
to increase its interest by a further 50.1%.
Anglesey also has 12% of Labrador Iron Mines Holdings Limited
which holds direct shipping iron ore deposits in Labrador and Quebec.
For further information, please contact:
Bill Hooley, Chief Executive
+07785-572517
Danesh Varma, Finance Director
07740-932766
Thomas Smith, ETX Capital,
020-73921432