Alba Mineral Resources PLC Exercise of Share Warrants (3798Y)
September 08 2020 - 9:52AM
UK Regulatory
TIDMALBA
RNS Number : 3798Y
Alba Mineral Resources PLC
08 September 2020
Alba Mineral Resources plc
("Alba" or the "Company")
Exercise of Share Warrants
Alba Mineral Resources plc (AIM: ALBA) announces that it has
received a notice to exercise share warrants with an exercise price
of 0.13p per share. The total number of share warrants exercised
was 192,307,693 for total proceeds to the Company of
GBP250,000.
Admission to AIM
Application will be made for the new ordinary shares which are
to be issued in respect of this exercise of share warrants to be
admitted to trading on AIM ("Admission"). It is expected that
Admission of the new ordinary shares will become effective at 8.00
a.m. on or around 16 September 2020. The new ordinary shares will
be issued credited as fully paid and will rank in full for all
dividends and other distributions declared, made or paid after
Admission and will otherwise rank on Admission pari passu in all
respects with the existing ordinary shares.
Total Voting Rights
Following Admission, the total number of ordinary shares in
issue will be 5,183,741,141. The Company does not hold any ordinary
shares in treasury. Therefore, the total number of ordinary shares
with voting rights will be 5,183,741,141. This figure may be used
by shareholders in the Company 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 Financial Conduct
Authority's Disclosure and Transparency Rules.
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 +44 20 3907 4297
Cairn Financial Advisers LLP (Nomad)
James Caithie / Liam Murray +44 20 7213 0880
First Equity Limited (Broker)
Jason Robertson +44 20 7374 2212
Alba's Project and Investment Portfolio
Project (commodity) Location Ownership
Mining Projects
Amitsoq (graphite) Greenland 90%
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Clogau (gold) Wales 90%
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Inglefield (copper, cobalt,
gold) Greenland 100%
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Limerick (zinc-lead) Ireland 100%
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Melville Bay (iron ore) Greenland 51%
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TBS (ilmenite) Greenland 100%
----------- ----------
Oil & Gas Investments
Brockham (oil) England 5%
----------- ----------
Horse Hill (oil) England 11.765%
----------- ----------
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END
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