Landore Resources Limited Issue of Equity and Total Voting Rights (6738Z)
16 March 2017 - 9:00PM
UK Regulatory
TIDMLND
RNS Number : 6738Z
Landore Resources Limited
16 March 2017
LANDORE RESOURCES LIMITED
("Landore Resources" or "the Company")
(AIM Ticker: LND.L)
Issue of Equity and Total Voting Rights
London, United Kingdom - March 16 2017 - Landore Resources
Limited (AIM:LND) ("Landore Resources" or "the Company") announces
that 277,778 new ordinary shares of no par value in the Company
("New Ordinary Shares") have been issued to an adviser, at 2.7
pence per New Ordinary Share, in lieu of cash fees.
The New Ordinary Shares will be fully paid and will rank pari
passu in all respects with the Company's existing ordinary shares
of no par value ("Ordinary Shares"). Application has been made to
the London Stock Exchange for admission of the New Ordinary Shares
to trading on AIM ("Admission"). It is expected that Admission of
the New Ordinary Shares will become effective and that dealings in
such New Ordinary Shares will commence at 8.00 a.m. on 21 March
2017.
Total Voting Rights
Following Admission of the New Ordinary Shares the Company's
issued share capital will consist of 785,540,779 Ordinary Shares
with voting rights. Landore Resources does not hold any Ordinary
Shares in treasury.
The aforementioned figure of 785,540,779 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, Landore
Resources under the FCA's Disclosure Guidance and Transparency
Rules.
- ENDS -
About Landore Resources
Landore Resources is an exploration company that seeks to grow
shareholder value through the acquisition, exploration and
development of precious and base metal projects in eastern Canada.
The Company is primarily focused on the development of the Junior
Lake Project. Landore Resources has mineral rights to 5 properties
in eastern Canada. The Company is headquartered in Guernsey, with
an exploration office located in Thunder Bay, Ontario, Canada.
For more information, please contact:
Bill Humphries, Chief Executive Officer Tel: 07734 681262
Richard Prickett, Finance Director Tel: 07775 651421
Landore Resources Limited www.landore.com
James Spinney / Jack Botros Tel: 020 7409 3494
Strand Hanson Limited
Nominated Advisor and Broker
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation No 596/2014.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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