Alba Mineral Resources PLC Exercise of Share Warrants (0024C)
June 15 2021 - 10:56AM
UK Regulatory
TIDMALBA
RNS Number : 0024C
Alba Mineral Resources PLC
15 June 2021
Alba Mineral Resources plc
(the "Company" or "Alba")
Exercise of Share Warrants
Alba Mineral Resources plc (AIM: ALBA) announces that it has
received notice to exercise share warrants for 5,000,000 shares
with an exercise price of 0.16p per share for total proceeds to the
Company of GBP8,000.
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 21 June 2021. 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 6,245,236,899. The Company does not hold any ordinary
shares in treasury. Therefore, the total number of ordinary shares
with voting rights will be 6,245,236,899. 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 the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this announcement.
For further information please contact:
Alba Mineral Resources plc
George Frangeskides, Executive
Chairman +44 20 3950 0725
Cairn Financial Advisers LLP (Nomad)
James Caithie / Liam Murray +44 20 7213 0880
ETX Capital (Broker)
Thomas Smith +44 20 7392 1494
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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Gwynfynydd (gold) Wales 100%
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Inglefield (copper, cobalt,
gold) Greenland 100%
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Limerick (zinc-lead) Ireland 100%
----------- ----------
Melville Bay (iron ore) Greenland 51%
----------- ----------
TBS (ilmenite) Greenland 100%
----------- ----------
Oil & Gas Investments
Horse Hill (oil) England 11.765%
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END
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