Block Listing Six Monthly Return

RNS Number : 6740R

Hummingbird Resources PLC

11 March 2016

 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

11 March 2016

Hummingbird Resources plc ('Hummingbird' or 'the Company')

Block Listing Six Monthly Return

Hummingbird Resources plc (AIM: HUM), the West African focused gold development company, announces the following update relating to its block admission of shares to be issued to certain option holders upon the exercise by such option holders of options granted pursuant to the Company's share options schemes:

Name of company:	Hummingbird Resources plc
Name of schemes:	The Hummingbird Resources plc - Unapproved Share Option Scheme, the Hummingbird Resources Limited EMI Share Option Plan 2010, and other share options
Period of return:	From: 11 September 2015 To: 11 March 2016
Balance under the schemes of securities not issued at the beginning of the period subject to the block admission:	5,660,000 ordinary shares
Number of securities issued under the schemes during the period:	Nil ordinary shares
Number of securities lapsed under the schemes during the period:	61,000 ordinary shares
Balance under the schemes of securities not yet issued at the end of the period subject to the block admission:	5,599,000 ordinary shares
Number and class of securities originally admitted and the date of admission:	4,385,000 ordinary shares were admitted on 21 March 2012. A further 2,349,000 ordinary shares were admitted on 21 March 2014 and 250,000 ordinary shares were admitted on 12 March 2015.  The total number of ordinary shares admitted in respect to its block admission as detailed above are therefore 6,984,000.
Name of contact:	Thomas Hill, Company Secretary
Telephone number of contact:	[phone]

**ENDS**

For further information please visit the Hummingbird website www.hummingbirdresources.co.uk or contact:

Daniel Betts Thomas Hill Robert Monro	Hummingbird Resources plc	Tel: [phone]
Charlie Cryer Samantha Harrison	RFC Ambrian Ltd Nominated Adviser and Joint Broker	Tel: [phone]
Jon Belliss	Beaufort Securities Limited Joint Broker	Tel: [phone]
Lottie Brocklehurst Susie Geliher Hugo de Salis	St Brides Partners Ltd Financial PR/IR	Tel: [phone]

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company.  The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia.  Its current focus is on bringing Yanfolila, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential.  The high grade gold project has the potential to turn a profit in a varying gold price environment and will allow for quick returns with low operating costs. 

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside.  An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term.  Additionally, the Company has 4,000km² highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.

 

END

 

 

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