Regency Mines PLC Exercise of Warrants, Total Voting Rights (1382A)
March 21 2017 - 12:34PM
UK Regulatory
TIDMRGM
RNS Number : 1382A
Regency Mines PLC
21 March 2017
REGENCY MINES PLC
("Regency" or the "Company")
Exercise of Warrants
Total Voting Rights
21 March 2017
Regency Mines plc announces that it has received notice of the
exercise of 4,000,000 warrants into 4,000,000 new ordinary shares
of 0.01 pence each ("Shares") in the Company at an exercise price
of 0.8p per share, for gross proceeds of GBP32,000.
Application has been made to the London Stock Exchange for
admission to AIM of the Shares, which will rank pari passu with the
Company's existing issued Ordinary Shares. Dealings are expected to
commence at 8.00 a.m. on or around 27 March 2017.
Following the issue of Shares, the Company's total issued
ordinary share capital will consist of 481,148,138 Shares with
voting rights. No Shares are held in treasury.
The above figure of 481,148,138 may 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 FCA's Disclosure and
Transparency Rules.
Background Information
Regency Mines is a natural resource development and investment
company with interests in oil and mineral exploration, and in the
production of metallurgical coal. Regency holds energy interests in
Horse Hill Development Limited, that has discovered substantial oil
deposits near Gatwick, Curzon Energy plc, with development
interests in coal bed methane in Oregon, Carbon Minerals
Corporation, which is currently re-opening the Rosa metallurgical
coal mine in Alabama, and other coal interests. Regency also
controls the Mambare project in Papua New Guinea, where it
established through exploration a large nickel-cobalt Resource, and
the Motzfeldt tantalum-niobium Resource in southern Greenland.
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Andrew Bell 0207 747 9960 Chairman Regency Mines Plc
Scott Kaintz 0207 747 9960 Executive Director Regency Mines
Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Jason Robertson 0129 351 7744 Broker Dowgate Capital
Stockbrokers Ltd.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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