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RNS Number : 5519Q

Bushveld Minerals Limited

26 February 2021

 

26 February 2021

Bushveld Minerals Limited

("Bushveld Minerals", "Bushveld" or the "Company")

Total Voting Rights

Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, with ownership of high-grade assets in South Africa ("Bushveld"), announces that in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued share capital of the Company consisted of 1,191,561,543 ordinary shares (excluding shares held in treasury), carrying one vote per share. As at 26 February 2021, the Company held 670,000 ordinary shares in treasury.

Shareholders should use the figure of 1,191,561,543 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure and Transparency Rules.

ENDS

Enquiries: [e-mail]

Bushveld Minerals Limited		[phone]
Fortune Mojapelo, Chief Executive Officer
Chika Edeh, Head of Investor Relations
SP Angel Corporate Finance LLP	Nominated Adviser & Broker	[phone]
Richard Morrison / Charlie Bouverat
Abigail Wayne / Richard Parlons
BMO Capital Markets Limited	Joint Broker	[phone]
Tom Rider / Michael Rechsteiner
Peel Hunt Limited	Joint Broker	[phone]
Ross Allister / Alexander Allen
Tavistock	Financial PR	[phone]
Charles Vivian / Gareth Tredway / Edward Lee

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is a low-cost, integrated, primary vanadium producer, with ownership of high-grade vanadium assets. 

The Company's flagship vanadium platform includes a 74 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; 100 per cent of Bushveld Vanchem, a primary vanadium processing facility with a beneficiation plant; the Mokopane Vanadium Project and the Brits Vanadium Project.

Bushveld's vision is to become a significant, low-cost, integrated primary vanadium producer through owning high grade assets. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries. Bushveld Energy, the Company's energy storage solutions provider, plays a leading role in the development and promotion of the role of vanadium in this market.

The Company's approach to project development recognises that, whilst attractive project economics are imperative, they may be insufficient to secure capital to bring them to account. A clear path to production within a visible timeframe, low capital expenditure requirements and scalability are important factors in ensuring a positive return on investment. This philosophy is core to the Company's strategy in developing projects.

Detailed information on the Company and progress to date can be accessed on the website  www.bushveldminerals.com .

 

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