Issue of Equity

RNS Number : 6696C

Bushveld Minerals Limited

19 March 2014

 



19 March 2014

Bushveld Minerals Ltd

("Bushveld" or the "Company")

Issue of Equity

Bushveld has received application to exercise 1,000,000 warrants into ordinary shares of the Company. The warrants were issued during the recent fundraise for £1.25m. The warrants are priced at 5p and will realise a further £50,000 of net funds to the Company.

Application has been made to the London Stock Exchange for the new ordinary shares to be admitted to trading on AIM from 8.00am on 25 March 2014 ("Admission").

Following Admission, there will be a total of 404,504,104 ordinary shares in issue. For the purposes of calculating Total Voting Rights shareholders may use this number as the total number of shares in issue from the date of Admission.

Contact

For further information on Bushveld please visit http://www.bushveldminerals.com  or contact:

Enquiries: [e-mail]

Bushveld Minerals Fortune Mojapelo	[phone]
Strand Hanson Limited Andrew Emmott / James Harris Warren Pearce / Scott McGregor	[phone] [phone]
Fox Davies Jonathan Evans	[phone]
RFC Ambrian Jonathan Williams	[phone]
Tavistock Communications Jos Simson/ Nuala Gallagher	[phone]
Tielle Communications Stéphanie Leclercq	[phone]

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Notes to the editor

Bushveld Minerals Limited is a mineral development company with a portfolio of vanadium-and titanium bearing iron ore and tin assets in Southern Africa. The Company owns the Bushveld Iron Ore Project and Mokopane Tin Project, both located on the northern limb of the Bushveld Complex, South Africa. In addition, Bushveld has a controlling 54.39% interest in Lemur Resources (ASX: LMR), that owns the Imaloto coal project in Madagascar.

Bushveld was admitted to the AIM Market of the London Stock Exchange in March 2012.

 

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