Alexander Mining PLC Issue of Equity (6701S)
26 September 2014 - 4:00PM
UK Regulatory
TIDMAXM
RNS Number : 6701S
Alexander Mining PLC
26 September 2014
Alexander Mining plc
("Alexander" or the "Company")
Issue of Equity
The Company announces that it has issued a total of 730,369 new
ordinary shares of 0.1p each (the "Ordinary Shares") in lieu of
fees, generated in the ordinary course of business, due to advisers
and consultants.
The Company's nominated adviser, Northland Capital Partners
Limited, has been issued with 222,222 ordinary shares and 88,889
ordinary shares have been issued to the Company's investor
relations consultant, Britton Financial PR. These ordinary shares
were issued at a price of 3.375p per share, being the closing
mid-market price on 30 June 2014, being the final business day of
the period to which such fees relate. The Company has also issued a
further 419,258 ordinary shares at a price of 5.068p per share to a
consultant in respect of the provision of investor relation
services in Europe.
Application has been made to the London Stock Exchange for
admission to trading on AIM of the Ordinary Shares and dealings are
expected to commence on 2 October 2014. Following admission of the
Ordinary Shares, the Company will have a total of 176,319,379
ordinary shares in issue with each share carrying the right to one
vote.
Enquiries:
Martin Rosser Matt Sutcliffe
Chief Executive Executive Chairman
Mobile: +44 (0) 7770 865 341 Mobile: +44 (0) 7887 930 758
Alexander Mining plc
1(st) Floor
35 Piccadilly
London
W1J 0DW
Tel: +44 (0) 20 7292 1300
Fax: +44 (0) 20 7292 1313
Email: mail@alexandermining.com
Website: www.alexandermining.com
Nominated Adviser and Broker
Northland Capital Partners Limited
Matthew Johnson / Lauren Kettle
+44 (0) 20 7382 1100
Public / Media Relations
Britton Financial PR
Tim Blackstone
+44 (0) 20 7242 9786
This information is provided by RNS
The company news service from the London Stock Exchange
END
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