Alien Metals Limited Exercise of Warrants and Issue of Equity (7270I)
December 15 2020 - 5:46AM
UK Regulatory
TIDMUFO
RNS Number : 7270I
Alien Metals Limited
15 December 2020
Trading Symbols
AIM: UFO
FWB: I3A1
15 December 2020
ALIEN METALS LIMITED
("Alien Metals" or "the Company")
EXERCISE OF WARRANTS AND ISSUE OF EQUITY
Alien Metals Limited, a minerals exploration and development
company, is pleased to announce that, following the receipt of
Exercise Notices, it has issued 308,028 ordinary shares of no par
value in the capital of the Company at an issue price of 0.25 pence
per share ("New Ordinary Shares"). The New Ordinary Shares will
rank pari passu with the existing ordinary shares in issue and
application will be made to the London Stock Exchange for 308,028
New Ordinary Shares to be admitted to trading on AIM. Admission of
the New Ordinary Shares is expected to become
effective at 08.00 on or around 21 December 2020.
Following Admission, the Company will have 3,420,791,048
ordinary shares of no par value in issue. The Company has no shares
in treasury, therefore the figure of 3,420,791,048 should be used
by shareholders for the calculations by which they will determine
if they are required to notify their interest in, or a change of
their interest in, the share capital of the Company under the FCA's
Disclosure and Transparency Rules.
For further information please visit the Company's website at
www.alienmetals.uk , or contact:
Alien Metals Limited First Equity Limited (Joint
Bill Brodie Good, CEO & Technical Broker)
Director Jason Robertson
Tel +44 (0)20 3907 4060 Tel +44 (0)20 7374 2212
Beaumont Cornish Limited (Nomad) Turner Pope Investments (TPI)
James Biddle/ Roland Cornish Limited (Joint Broker)
www.beaumontcornish.com Andy Thacker / Zoe Alexander
Tel: +44 (0) 20 7628 3396 Tel +44 (0)20 3657 0050
Blytheweigh (Financial PR)
Megan Ray/Rachael Brooks
Tel: +44 (0) 20 7138 3204
Notes to Editors
Alien Metals Ltd is a mining exploration and development company
listed on AIM of the London Stock Exchange (LSE: UFO). The
Company's focus is on precious and base metal commodities.
Alien Metals has embarked upon an acquisition-led strategy
headed by a high-quality geological team to build a strong
portfolio of diversified assets including two recent acquisitions
in 2019. These include the Brockman and Hancock Ranges high-grade
(Direct Shipping Ore) iron ore projects and the Elizabeth Hill
Silver projects both located in the Pilbara region, Western
Australia.
In addition to progressing and developing its portfolio of
assets and following its strategic review of its portfolio of
silver and precious metals projects in Mexico, Alien Metals has
identified priority exploration targets within its 9 mining
concessions which it is working to advance systematically. The
Company's silver projects are located in the Zacatecas State,
Mexico's largest silver producing state which produced over 190m oz
of silver in 2018 alone accounting for 45% of the total silver
production of Mexico for that year.
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END
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