Issue of Shares

RNS Number : 3450S
Harvest Minerals Limited
20 December 2016
 

20 December 2016

Harvest Minerals Limited

("Harvest", "HMI" or the "Company")

 

Issue of Shares

The Company announces that in accordance with the mineral rights purchase and sale agreement dated 11 June 2015 (as amended on 6 July 2015) entered into between (1) Triunfo Mineracao do Brasil Ltda (the Company's wholly owned subsidiary), (2) KMINE Holding Ltd, and (3) the Company (as a consenting party) relating to the acquisition of the Sergi Potash Project (the "Sergi Potash Project Agreement"), the Company has issued 3,000,000 Shares each to KMINE Holding Ltd and Americas Investments & Participation Limited (the "Consideration Shares").

 

Application has been made to the London Stock Exchange for the admission to trading on AIM ("Admission") of the Consideration Shares and it is expected that Admission will take place at 8 a.m. on 23 December 2016.

 

For further information on the Sergi Potash Project Agreement, please refer to the Company's AIM Admission Document (published on 2 September 2015), which is available on the Company's website at www.harvestminerals.net 

 

Total Voting Rights

 

Following Admission, the Company will have 105,355,089 Shares on issue. The Company holds no shares in treasury. Shareholders should therefore use the figure of 105,355,089 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 Company, under the FCA's Disclosure and Transparency Rules.

 

Enquiries:

Harvest Minerals Limited

 

Brian McMaster, Chairman

     Tel: +61 8 9200 1847

 

Strand Hanson Limited (Nominated & Financial Adviser)

Rory Murphy

James Spinney

Ritchie Balmer

       Tel: +44 20 7409 3494

 

Mirabaud Securities LLP (Joint Broker)

 

Beaufort Securities Ltd

(Joint Broker)

 

Buchanan

(Financial PR)

 

Rory Scott

 

 

Jon Bellis

 

 

Bobby Morse

Anna Michniewicz

 

  Tel: + 44 20 7878 3360

 

 

Tel: + 44 20 7382 8300

 

 

Tel: +44 20 7466 5000

 

 


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