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RNS Number : 1220O

MetalNRG PLC

06 October 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

6(th) October 2021

MetalNRG plc

("MetalNRG" or the "Company")

Issue of Equity pursuant to an unsecured loan facility

MetalNRG (LON:MNRG), the natural resource investing and exploration company, announces that 25,000,000 new MetalNRG Ordinary Shares ("New Shares") have been issued at 0.45 pence per share (total value GBP112,500) in satisfaction of certain obligations relating to an unsecured loan facility.

Admission of New Shares to trading on the Main Market of the London Stock Exchange

Application will be made for the New Shares to be admitted to listing on the Standard segment of the Official List and trading on the London Stock Exchange's Main Market for listed securities ("Admission"). Admission of the New Shares is expected to occur on or around 11(th) October 2021.

The New Shares will rank pari passu with the existing ordinary shares of the Company.

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), following the issue of the New Shares referred to above, the issued ordinary share capital of MetalNRG will consist of 1,035,219,460 ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, MetalNRG under the DTRs.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:

For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of the Company is Rolf Gerritsen, Chief Executive Officer.

END

Contact details:

 
 MetalNRG PLC 
  Christopher Latilla-Campbell 
  Rolf Gerritsen                   +44 (0) 20 7796 9060 
 Corporate Adviser 
  PETERHOUSE CAPITAL LIMITED 
  Lucy Williams 
  Duncan Vasey                     +44 (0) 20 7469 0930 
                                 ---------------------- 
 Corporate Broker 
  SI CAPITAL LIMITED 
  Nick Emerson                     +44 (0) 1483 413500 
                                 ----------------------

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END

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October 06, 2021 02:00 ET (06:00 GMT)

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