Conversion of Loan and Issue of Equity

RNS Number : 5367H

Amur Minerals Corporation

01 August 2019

 

1 August 2019

AMUR MINERALS CORPORATION

(AIM: AMC)

Conversion of Loan and Issue of Equity

Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announces that, pursuant to the convertible loan agreement entered into on 22 March 2019, the Company has today issued 10,835,279 new ordinary shares of no par value of the Company ("Ordinary Shares") to Cuart Investments PCC Ltd and YA II PN Ltd in settlement of US$204,339 of principal and accrued interest.

Application will be made to the London Stock Exchange plc for 10,835,279 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 7 August 2019. The new Ordinary Shares rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid.  There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company, following the issue of 10,835,279 new Ordinary Shares is 728,745,013.

Market Abuse Regulation (MAR) 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 until the release of this announcement.

Company Amur Minerals Corp.	Nomad and Broker S.P. Angel Corporate Finance LLP	Public Relations Blytheweigh
Robin Young CEO	Lindsay Mair Soltan Tagiev	Megan Ray Tim Blythe
[phone]	[phone]	[phone]

For additional information on the Company, visit the Company's website, www.amurminerals.com.

 

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