TIDMEMH

RNS Number : 8403P

European Metals Holdings Limited

05 September 2017

For immediate release

5 September 2017

EUROPEAN METALS HOLDINGS LIMITED

Equity Issue

European Metals Holdings Limited ("European Metals" or "the Company") (ASX and AIM: EMH), advises that it has issued 375,905 new ordinary shares (represented by Chess Depositary interests or "CDI's") in the Company at a price of AUD0.685 per CDI further to the Fund Facility Agreement between 6466 Investments Pty Ltd and EMH ("Facility") as announced on 27 June 2017. The issue of new CDIs is in respect to the fourth advance of AUD250,000 under the Facility, and the Draw Down Fee of 3% (AUD7,500) on the fourth advance. The funds will be used in the preparation of the Company's Definitive Feasibility Study, for further drilling and general working capital.

Application is being made for the new ordinary shares represented by the CDIs to be admitted to trading on AIM, with admission expected to take place on or around 9 September 2017. The new ordinary Shares will rank pari passu in all respects with the existing ordinary shares in EMH.

Total Voting Rights

Following the issue of the new Ordinary Shares, the total number of Ordinary Shares in issue with voting rights is 131,425,941. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

ENQUIRIES:

 
 European Metals Holdings            Tel: +61 (0) 419 996 
  Limited                             333 
  Keith Coughlan, Chief               Email: keith@europeanmet.com 
  Executive Officer                   Tel: +44 (0) 20 7440 
  Kiran Morzaria, Non-Executive       0647 
  Director                            Tel: +61 (0) 6141 3500 
  Julia Beckett, Company              Email: julia@europeanmet.com 
  Secretary 
 Beaumont Cornish (Nomad            Tel: +44 (0) 20 7628 
  & Broker)                          3396 
  Michael Cornish                    Email: corpfin@b-cornish.co.uk 
  Roland Cornish

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 05, 2017 04:13 ET (08:13 GMT)

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