TIDMORM

RNS Number : 2667L

Ormonde Mining PLC

04 September 2023

4 September 2023

Ormonde Mining plc

("Ormonde" or the "Company")

Admission to Aquis Growth Market

Ormonde Mining plc (AQSE: ORM) is pleased to announce that 472,507,482 ordinary shares of EUR0.01 each in the Company ("Ordinary Shares") have today been admitted to the Access Segment of the Aquis Growth Market ("Admission").

The Ordinary Shares have been suspended from trading on the AIM and Euronext Growth markets since 7 February 2023, and admission of the Ordinary Shares to those markets will be cancelled with effect from 07.00 a.m. on 5 September 2023 ("Cancellation"). Dealings in the Ordinary Shares on the Aquis Growth Market are expected to commence at 08.00 a.m. on 5 September 2023.

Ordinary Share Information

   --    ISIN:        IE00BF0MZF04 
   --    TIDM:     ORM 
   --    SEDOL:   BF0MZG1

Note: the ISIN, TIDM and SEDOL of the Company have not changed.

About Ormonde

With effect from 5 September 2023, Ormonde will own an initial 36.2% controlling interest (under TSXV Rules) in TRU Precious Metals Corp. (TSXV: TRU) ("TRU"), which is exploring for gold and copper in the highly prospective Central Newfoundland Gold Belt in Canada. Ormonde's funding will be used to fast-track the advancement of TRU's Golden Rose Project as well as the evaluation of other mineral property transaction opportunities.

Ormonde also owns a 20% interest in Peak Nickel Limited, which is advancing exploration on a potentially significant battery metals project.

After Admission, the Company intends to monitor its existing investments, working with incumbent management to generate maximum value from them. The Directors will also consider additional investment opportunities as they arise.

Further information about the Company is available on its website at www.ormondemining.com .

Significant shareholding

The Company has been notified of the following holding which will, on Admission, represent more than 3% of the issued Ordinary Shares:

 
 Shareholder        % of Issued Share Capital 
 Thomas Anderson              24.99

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, Ormonde has 472,507,482 Ordinary Shares in issue. This figure of 472,507,482 Ordinary Shares may be used by shareholders in the Company 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 share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement, together with any documents incorporated by reference, shall be deemed to constitute an admission document for the purposes of the Aquis Growth Market Rules for Issuers - Access. It has not been approved or reviewed by the Aquis Stock Exchange or the Financial Conduct Authority.

For further information, please contact:

 
 Ormonde Mining plc Brian Timmons, 
  Chairman                                Tel: +353 (0)1 801 4184 
 Vigo Consulting (Investor Relations) 
  Ben Simons / Fiona Hetherington        Tel: +44 (0)20 7390 0230 
 Peterhouse Capital (Aquis Corporate 
  Adviser)                               Tel: +44 (0)20 7469 0930 
  Narisha Ragoonanthun / Brefo 
  Gyasi

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

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END

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(END) Dow Jones Newswires

September 04, 2023 03:28 ET (07:28 GMT)

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