TIDMHER

RNS Number : 2479N

Herencia Resources PLC

16 January 2019

Herencia Resources plc

("Herencia" or the "Company")

Issue of Shares

Herencia Resources plc ("Herencia") advises that the Board has approved the issue of 147,220,000 ordinary shares ("New Ordinary Shares") at a price of 0.027 pence per share in the Company in lieu of fees owed to VSA Partners in London for Broking Services and fees owed to Promet101 for previous technical work on site at the Company's assets in Chile.

The New Ordinary Shares have been granted in lieu of payment equivalent to:

   1.    GBP12,500 equates to 46,360,000 shares for VSA Partners in London, and 
   2.   GBP27,231.6 (23,319,810 Chilean Pesos) equates to 100,860,000 shares for Promet101.

Application has been made for the new Ordinary Shares to be admitted to trading on AIM (the "Admission"), and dealings in the new Ordinary Shares are expected to commence on or around 22 January 2019.

Following the issue of the New Ordinary Shares of the Conversion the total number of Ordinary Shares in issue is 11,055,737,793. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company is 11,055,737,793. 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 under the Disclosure and Transparency Rules.

For further information please contact:

 
 Carl Dumbrell, Herencia Resources plc     +61 402277282 
 Jeff Williams, Herencia Resources plc     +61 418594324 
 Katy Mitchell, James Sinclair-Ford, WH 
  Ireland Limited (NOMAD & Broker)         +44 161 832 2174

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END

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January 16, 2019 03:31 ET (08:31 GMT)

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