Conversion of Loan and Issue of Equity

RNS Number : 3064M
Amur Minerals Corporation
26 April 2018
 

 

26 April 2018

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Conversion of Loan and Issue of Equity

 

 

Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announces that, pursuant to the convertible loan agreement entered into on 13 February 2018, the Company has today issued 3,608,257 new ordinary shares of the Company ("Ordinary Shares") to Cuart Investments PCC Ltd and YA II PN Ltd in settlement of US$200,263 of principal and accrued interest.

 

Application will be made to the London Stock Exchange plc for 3,608,257 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 2 May 2018. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid.  There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company, following the issue of 3,608,257 new Ordinary Shares is 645,125,231.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

 

 

Company

Amur Minerals Corp.

Nomad and Broker

S.P. Angel Corporate Finance LLP

Public Relations

Yellow Jersey

Robin Young CEO

Ewan Leggat

Soltan Tagiev

Dominic Barretto

Harriet Jackson

+7 (4212) 75 56 15

+44 (0) 20 3470 0470

+44 (0) 7544 275 882

 

For additional information on the Company, visit the Company's website, www.amurminerals.com.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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