Block Listing Six Monthly Return

RNS Number : 4108Q

Hummingbird Resources PLC

12 September 2017

 

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

12 September 2017

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

Block Listing Six Monthly Return

Hummingbird Resources plc (AIM: HUM), the West African gold 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 option 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: 13 March 2017 To: 11 September 2017
Balance under the schemes of securities not issued at the beginning of the period subject to the block admission:	13,266,568 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:	Nil ordinary shares
Balance under the schemes of securities not yet issued at the end of the period subject to the block admission:	13,266,568 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 and 7,772,568 ordinary shares were admitted on 13 March 2017.  The total number of ordinary shares admitted to date in respect to its block admission as detailed above is therefore 14,756,568.
Name of contact:	Thomas Hill, Company Secretary
Telephone number of contact:	[phone]

**ENDS**

For further information, please visit www.hummingbirdresources.co.uk or contact: 

Daniel Betts Thomas Hill Robert Monro	Hummingbird Resources plc	Tel: [phone]
James Spinney Ritchie Balmer James Bellman	Strand Hanson Limited Nominated & Financial Adviser	Tel: [phone]
Jon Belliss	Beaufort Securities Limited Broker	Tel: [phone]
Lottie Brocklehurst Susie Geliher	St Brides Partners Ltd Financial PR/IR	Tel: [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

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.  It is currently building Yanfolila targeting first production by end of 2017, 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 low operating costs of US$695/oz AISC with 132,000oz of first full year's production. 

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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