Information  X 
Enter a valid email address

Metals Exploration (MTL)

  Print      Mail a friend

Wednesday 21 October, 2020

Metals Exploration

Update re Proposed Restructuring

RNS Number : 8082C
Metals Exploration PLC
21 October 2020
 

21 October 2020

 

METALS EXPLORATION PLC

 

("Metals Exploration" or the "Company")

 

Update re Proposed Restructuring

 

 

Metals Exploration plc (AIM:MTL), the natural resources exploration and development company with assets in the Pacific Rim region, announces that, further to the Company's announcement of 16 October 2020, the definitive documentation required in order to effect the Proposed Restructuring is in the process of being finalised.

 

Completion of the Proposed Restructuring will enable the Company's ordinary shares to resume trading on the AIM market and the Company will request that the suspension of trading in the Company's ordinary shares on AIM be lifted as soon as the documentation is fully executed, which is currently expected by the end of the week.  A further announcement will be made in due course.

 

 

Defined terms used in this announcement shall have the same meanings as set out in the Company's announcement of 11 September 2020.

 

This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR"). Upon the publication of this Announcement, this inside information is now considered to be in the public domain.

 

For further information please visit www.metalsexploration.com or contact:

 

Metals Exploration PLC


Via Tavistock Communications Limited

+44 (0) 207 920 3150

Nominated & Financial Adviser & Broker:

STRAND HANSON LIMITED

James Spinney, James Dance

+44 (0) 207 409 3494

Public Relations:

TAVISTOCK COMMUNICATIONS LIMITED

Jos Simson, Barnaby Hayward

+44 (0) 207 920 3150

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUAVRRRUURUAA

a d v e r t i s e m e n t