Altus Strategies PLC Exercise of warrants and issue of equity (0495V)
April 12 2021 - 01:00AM
UK Regulatory
TIDMALS
RNS Number : 0495V
Altus Strategies PLC
12 April 2021
Altus Strategies Plc / Index (EPIC): AIM (ALS) TSX-V (ALTS)
OTCQX (ALTUF) / Sector: Mining
12 April 2021
Altus Strategies Plc
("Altus" or the "Company")
Exercise of Warrants and Issue of Equity
Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF)
announces that it has issued 7,266 ordinary shares of 5 pence par
value each ("Ordinary Shares") following the exercise of warrants
at an exercise price of C$1.125 (approximately GBP0.65) per warrant
for gross proceeds of C$8,174.25 (approximately GBP4,700).
The Company has made an application for the 7,266 Ordinary
Shares to be admitted to trading on the AIM market of the London
Stock Exchange ("Admission"). Admission is expected to occur at
08:00 a.m. on or around 15 April 2021 and the Ordinary Shares will
rank pari passu with the Ordinary Shares already in issue. The
proceeds from the exercise of the warrants will be used for working
capital purposes.
Total Voting Rights
Following the issue of the Ordinary Shares, Altus will have
80,391,535 Ordinary Shares in issue which will also represent the
total number of voting rights in the Company. The Company does not
hold any shares in treasury. This figure should be used by
shareholders 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 Company under the UK Financial
Conduct Authority's Disclosure and Transparency Rules.
For further information you are invited to visit the Company's
website www.altus-strategies.com or contact:
Altus Strategies Plc Tel: +44 (0) 1235 511 767
Steven Poulton, Chief Executive E-mail: info@altus-strategies.com
SP Angel (Nominated Adviser)
Richard Morrison / Adam Cowl Tel: +44 (0) 20 3470 0470
SP Angel (Broker)
Grant Barker / Richard Parlons Tel: +44 (0) 20 3470 0471
Shard Capital (Broker)
Isabella Pierre / Damon Heath Tel: +44 (0) 20 7186 9927
Yellow Jersey PR (Financial PR & IR) Tel: +44 (0) 20 3004 9512
Charles Goodwin / Henry Wilkinson E-mail: altus@yellowjerseypr.com
About Altus Strategies Plc
Altus Strategies (AIM: ALS, TSX-V: ALTS & OTCQX: ALTUF) is a
mining royalty company generating a diversified and precious metal
focused portfolio of assets. The Company's focus on Africa and
differentiated approach, of generating royalties on its own
discoveries as well as through financings and acquisitions with
third parties, has attracted key institutional investor backing.
The Company engages constructively with all stakeholders, working
diligently to minimise its environmental impact and to promote
positive economic and social outcomes in the communities where it
operates. For further information, please visit
www.altus-strategies.com .
TSX Venture Exchange Disclaimer
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organisation of Canada accepts responsibility for the
adequacy or accuracy of this release.
Market Abuse Regulation Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 ("MAR") until the release of this
announcement.
**END**
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