Update Re: Admission Date

RNS Number : 1145J

Alba Mineral Resources PLC

07 April 2020

 

Alba Mineral Resources plc

("Alba" or "the Company")

Update Re: Admission Date

Alba Mineral Resources plc (AIM: ALBA), the diversified mineral exploration and development company, refers to the earlier announcement today regarding the exercise of conversion rights and issuance of 50,000,000 ordinary shares in the Company.

It was announced that the application is being made in respect of 50,000,000 ordinary shares to be admitted to trading on AIM ("Admission") and that Admission is expected to take place on 13 April 2020. Due to 13 April 2020 being a non-trading day, Admission will now be on or around the 14 April 2020.

Following admission of the Relevant Shares , the Company's enlarged issued share capital will comprise 3,843,351,946 ordinary shares with voting rights. 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.

For further information, please contact:

Alba Mineral Resources plc George Frangeskides, Executive Chairman	[phone]
Cairn Financial Advisers LLP (Nomad)  James Caithie / Liam Murray	[phone]
First Equity Limited (Broker) Jason Robertson	[phone]

Alba's Project and Investment Portfolio

Project (commodity)	Location	Ownership
Mining Projects
Amitsoq (graphite)	Greenland	90%
Clogau (gold)	Wales	90%
Inglefield (copper, cobalt, gold)	Greenland	100%
Limerick (zinc-lead)	Ireland	100%
Melville Bay (iron ore)	Greenland	51%
TBS (ilmenite)	Greenland	100%
Oil & Gas Investments
Brockham (oil)	England	5%
Horse Hill (oil)	England	11.765%

 

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