Alba Mineral Resources PLC Share Placing
04 March 2025 - 6:00PM
RNS Regulatory News
RNS Number : 1741Z
Alba Mineral Resources PLC
04 March 2025
Alba Mineral Resources Plc / EPIC:
ALBA / Market: AIM / Sector: Mining
4 March 2025
Alba Mineral Resources
plc
("Alba"
or "the Company")
Share
Placing
Alba Mineral Resources plc (AIM:
ALBA) is pleased to announce that it has raised £75,000
(before expenses) in a share placing to an institutional
investor, involving the issue of 600,000,000 new ordinary
shares at a price of 0.0125 pence per ordinary share (the
"Issue Price") (the
"Placing"), conditional on
the admission of such new ordinary shares to trading on
AIM.
Admission to AIM
Application will be made for the new
ordinary shares to be admitted to trading on AIM ("Admission"). It is expected that
Admission of the new ordinary shares will become effective at 8.00
a.m. on or around 7 March 2025. The new ordinary shares will be
issued credited as fully paid and will rank in full for all
dividends and other distributions declared, made or paid after
Admission and will otherwise rank on Admission pari passu in all respects with
the existing ordinary shares.
Total Voting Rights
Following Admission, the total
number of ordinary shares in issue will be 11,541,721,949. The
Company does not hold any ordinary shares in treasury. Therefore,
the total number of ordinary shares with voting rights will be
11,541,721,949. This figure 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 and Transparency
Rules.
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.
**ENDS**
For
further information, please visit www.albamineralresources.com or
contact:
Alba Mineral Resources
plc
George Frangeskides, Executive
Chairman
|
+44 20
3950 0725
|
SPARK Advisory Partners Limited
(Nomad)
Andrew Emmott
|
+44 20
3368 3555
|
CMC Markets plc (Broker)
Thomas Smith / Douglas
Crippen
|
+44 (0) 20
3003 8632
|
Alba's
Projects & Investments
|
Projects Operated by Alba
|
Location
|
Ownership
|
Clogau (gold)
|
Wales
|
100%
|
Dolgellau Gold Exploration
(gold)
|
Wales
|
100%
|
Gwynfynydd (gold)
|
Wales
|
100%
|
Investments Held by Alba
|
Location
|
Ownership
|
GreenRoc Strategic Materials Plc (graphite -
anode)
|
Greenland
|
28.14%
|
Horse Hill (oil)
|
England
|
11.765%
|
Earn-in Projects
|
Location
|
Earn-in Rights
|
Finnsbo (rare earths, copper,
gold)
|
Sweden
|
Up to 100%
|
Optioned Projects
|
Location
|
Further details
|
Norrby (gold, other
metals)
|
Sweden
|
RNS 6/11/24
|
Glava (copper,
gold)
|
Sweden
|
RNS 6/11/24
|
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
IOEFLFEDVDIVIIE
Alba Mineral Resources (LSE:ALBA)
Historical Stock Chart
From Feb 2025 to Mar 2025
Alba Mineral Resources (LSE:ALBA)
Historical Stock Chart
From Mar 2024 to Mar 2025