Alba Mineral Resrcs. - Share Placing
Released
Released
Announcement PDF
RNS Number : 1741Z
Alba Mineral Resources PLC
04 March 2025
Alba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining
4 March 2025
Alba Mineral Resources plc
("Alba" or "the Company")
Share Placing
Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that it has raised £75,000 (before expenses) in a
share placing to an institutional investor, involving the issue of 600,000,000 new ordinary shares at a price
of 0.0125 pence per ordinary share (the "Issue Price") (the "Placing"), conditional on the admission of such new
ordinary shares to trading on AIM.
Admission to AIM
Application will be made for the new ordinary shares to be admitted to trading on AIM ("Admission"). It is
expected that Admission of the new ordinary shares will become effective at 8.00 a.m. on or around 7 March 2025.
The new ordinary shares will be issued credited as fully paid and will rank in full for all dividends and other
distributions declared, made or paid after Admission and will otherwise rank on Admission pari passu in all
respects with the existing ordinary shares.
Total Voting Rights
Following Admission, the total number of ordinary shares in issue will be 11,541,721,949. The Company does not
hold any ordinary shares in treasury. Therefore, the total number of ordinary shares with voting rights will be
11,541,721,949. 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 Financial Conduct Authority's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the
Directors of the Company are responsible for the release of this announcement.
**ENDS**
For further information, please visit www.albamineralresources.com or contact:
Alba Mineral Resources plc
+44 20 3950 0725
George Frangeskides, Executive Chairman
SPARK Advisory Partners Limited (Nomad)
+44 20 3368 3555
Andrew Emmott
CMC Markets plc (Broker)
+44 (0) 20 3003 8632
Thomas Smith / Douglas Crippen
Alba's Projects & Investments
Projects Operated by Alba
Clogau (gold)
Location
Ownership
Wales
100%
Dolgellau Gold Exploration (gold)
Wales
100%
Gwynfynydd (gold)
Wales
100%
Location
Ownership
Greenland
28.14%
Horse Hill (oil)
England
11.765%
Earn-in Projects
Location
Earn-in Rights
Finnsbo (rare earths, copper, gold)
Sweden
Up to 100%
Optioned Projects
Location
Further details
Norrby (gold, other metals)
Sweden
RNS 6/11/24
Glava (copper, gold)
Sweden
RNS 6/11/24
Investments Held by Alba
GreenRoc Strategic MaterialsPlc (graphite
- anode)
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END
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