EMH Admission to AIM

RNS Number : 6157I

Rare Earth Minerals PLC

10 December 2015

 

Rare Earth Minerals Plc.

("Rare Earth Minerals", "REM" or "the Company")

EMH Admission to AIM

European Metal Holdings Limited ("European Metals"), in which REM owns a direct 11.87% shareholding, has today admitted its entire existing ordinary share capital to trading on the AIM market of the London Stock Exchange. The ticker will be EMH.

 European Metals will retain its listing on the Australian Securities Exchange (ASX).

In addition, Kiran Morzaria REM's CEO, has today joined the board of European Metals, as a non-executive director.

David Lenigas, Rare Earth Minerals Plc Executive Chairman, commented;

"European Metals Holding controls the substantial and historic Cinovec Lithium/Tin Project in the Czech Republic which, although it is not currently producing, was one of the first mines in the world to commercially produce lithium carbonate. It is a substantial JORC compliance lithium resource in the EU and is located only 2 kilometres from the German border. Germany is the automotive hub of Europe and REM sees this project as being strategic for the ever growing global demand for lithium. It is only appropriate EMH should be listed in London."

- Ends -

For further information, please contact:

Rare Earth Minerals plc                                                                          [phone]

David Lenigas

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)                                                 [phone]

James Joyce

Mark Leonard

Square1 Consulting                                                                                 [phone]

David Bick

Brian Alexander     

 

END

 

 

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