Exercise of Warrants and Issue of Equity

RNS Number : 3644B
Amur Minerals Corporation
11 February 2022
 

 

11 February 2022

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Exercise of Warrants 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 fund raising entered into with Axis Capital Marketing, LTD ("Investor") on 4 November 2019 and the subsequently announced issuance of warrants on 20 February 2020 for the fund raising consideration, the Investor has elected to convert 5,000,000 warrants ("Warrants") at the warrant exercise price of 2.12 pence per share providing the Company £106,000. The Investor holds no more warrants.

 

Application has been made to the London Stock Exchange plc for 5,000,000 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 16 February 2022. 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 5,000,000 new Ordinary Shares is 1,392,872,315.

 

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, which was incorporated into UK law by the European Union (Withdrawal) Act 2018, 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

Richard Morrison

Andrew Cowl

Megan Ray

Tim Blythe

+44 (0) 7981 126 818

+44 (0) 20 3470 0470

+44 (0) 20 7138 3203

 

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

 

 

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