Issue of Equity

RNS Number : 0807C

Pathfinder Minerals Plc

14 October 2020

 

14 October 2020

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

Issue of Equity and TVR

Pathfinder announces that in accordance with an Equity Research Service Agreement ("ERSA") entered into on 27 May 2020, the Company is to issue a total of 4,615,384 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to Align Research Ltd ("Align") as compensation for the £30,000 in research and investor relations services provided by Align for the period to 11 October 2021.

Application for Admission to Trading on AIM and Total Voting Rights

Application will be made for the 4,615,384 new Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will occur on or around 21 October 2020.

Upon Admission, the Company's issued share capital will consist of 377,005,881 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 377,005,881. With effect from Admission, 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 FCA's Disclosure Guidance and Transparency Rules.

Enquiries: 

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. +44 [phone]

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Jack Botros

Tel. [phone]

Vigo Communications (Public Relations)

Ben Simons / Simon Woods

Tel. [phone]

Email. [e-mail]

Novum Securities Limited (Broker)

Colin Rowbury / Jon Belliss

Tel. [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

 

END

 

 

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