Exercise of Share Warrants

RNS Number : 1347Y

Alba Mineral Resources PLC

02 September 2022

 

Alba Mineral Resources plc

("Alba" or the "Company")

Exercise of Share Warrants

Alba Mineral Resources plc (AIM: ALBA) announces that it has received notice to exercise share warrants for 16,923,077 shares.  The warrants have an exercise price of 0.13p per share and an expiry date of 4 September 2022.  The total proceeds received by the Company amounts to £22,000.

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 8 September 2022. 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 6,621,568,996. The Company does not hold any ordinary shares in treasury. Therefore, the total number of ordinary shares with voting rights will be 6,621,568,996 . 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.

**ENDS**

For further information, please visit www.albamineralresources.com or contact:

Alba Mineral Resources plc

George Frangeskides, Executive Chairman  [phone] 

SPARK Advisory Partners Limited (Nomad) 

Andrew Emmott  [phone] 

OvalX (Broker)

Thomas Smith  [phone]

St Brides Partners (Financial PR)

Isabel de Salis / Catherine Leftley    [e-mail]

Alba's Projects and Investments

Mining Projects Operated by Alba	Location	Ownership
Clogau (gold)	Wales	100%
Dolgellau Gold Exploration (gold)	Wales	100%
Gwynfynydd (gold)	Wales	100%
Limerick (zinc-lead)	Ireland	100%
Investments Held by Alba	Location	Ownership
GreenRoc Mining Plc (mining)	Greenland	54%
Horse Hill (oil)	England	11.765%

 

END

 

 

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