Director share purchase

RNS Number : 5427K

Alien Metals Limited

22 December 2022

 

 

Trading Symbols

AIM: UFO

FWB: I3A1

22 December 2022

Alien Metals Ltd ("Alien" or "the Company")

Director share purchase

Holdings in Company

Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, advises that on the 21^st December 2022, Executive Chairman, Roderick ("Rod") McIllree purchased an additional 10,000,000 shares in Alien Metals Ltd at a price of 0.489755 pence per share on market. Accordingly, Rod now holds 137,404,762 shares in the Company representing 2.58% of the Company's issued share capital.

For further information please visit the Company's website at www.alienmetals.uk, or contact:

Alien Metals Limited

Rod McIllree, Executive Chairman

Tel: [phone]

Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish

Tel: [phone]

WH Ireland Ltd

Harry Ansell / Katy Mitchell

Tel [phone]

BlytheRay (Financial PR)

Tim Blythe / Megan Ray / Said Izagaren

Tel: [phone]

Notes to Editors

Alien Metals Ltd is a mining exploration and development Company listed on the AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on delivering a profitable, long life direct shipping iron ore operation based out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and in December 2022 moved to 90% legal and beneficial ownership. The Company also acquired 100% the Vivash Gorge Iron Ore project in the west Pilbara in July 2022.

The Company acquired 100% of the Elizabeth Hill Silver Project, which consists of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2 exploration tenement around the mine.

In March 2022 the Company acquired 100% of the former joint venture interest in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara, Western Australia, one of Australia's major underexplored PGE and base metals projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum, Gold, Rhodium.

The Company also holds silver, copper and base metal projects in Mexico however is currently looking at the best way to divest these for the benefit of shareholders.

 Roderick McIllree

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Roderick McIllree
2	Reason for notification
a)	Position / status	Executive Chairman
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Alien Metals Limited
b)	LEI	213800KS2BKR6QBRHE44
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument identification code	Common Shares of Alien Metals Limited ISIN VGG017351021
	Nature of the transaction	Director's share purchase
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 0.4 89755 pence 10,000,000
d)	Aggregated information	n/a
e)	Date of the transaction	21st December 2022
f)	Place of the transaction	London Stock Exchange, AIM (XLON)

 

END

 

 

DSHFEFEFFEESESE