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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Wolf Minerals | LSE:WLFE | London | Ordinary Share | AU000000WLF3 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.40 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMWLFE
RNS Number : 4823B
Wolf Minerals Limited
04 April 2017
4 April 2017
Wolf Minerals Limited
("Wolf" or the "Company")
Issue of Equity and Change of Directors' Interests
Issue of Shares
Wolf Minerals Limited announces that on 3 April 2017 a total of 563,759 fully paid ordinary shares of no par value ("the Shares") were issued.
A total of 402,685 Shares were issued to certain directors (or persons closely associated with them) in lieu of part fees for the quarter ended 31 March 2017 under the Company's Directors' Share Plan ("the Plan") as approved by shareholders on 21 November 2014, 16 November 2015 and 29 November 2016. Under the Plan, non-executive directors receive a portion of their fees in shares, allowing the Company to preserve its cash reserves. These new shares were issued at a price of AUD $0.0745 (equivalent to approximately 4.6 pence) per Share.
Shares Total resulting holding Director issued in the Company (%) ------------------ -------- ------------------------ ----- Mr John Hopkins OAM 161,074 1,059,892 0.10 Mr Ronnie Beevor 80,537 712,949 0.07 Mr Don Newport 80,537 362,949 0.03 Mr Nicholas Clarke 80,537 362,949 0.03
80,537 Shares have been issued to each of Resource Capital Funds Management Pty Ltd and TTI (NZ) Limited under the Plan in respect of part director fees due to their respective Board representatives, Mr Chris Corbett and Mr Michael Wolley.
Application has been made for the 563,759 Shares to be admitted to AIM and on the Australian Securities Exchange ("ASX") ("Admission"). Admission to trading on AIM of these Shares is expected to become effective on 6 April 2017. The Shares will rank pari passu with the Company's existing Shares.
Following Admission, the number of ordinary shares on issue and admitted to trading on AIM and the ASX will be 1,085,686,434.
ENDS
Wolf Minerals Limited
Russell Clark +61 8 6364 3776
Numis Securities
John Prior/James Black/Paul Gillam +44(0)20 7260 1000
Newgate
Adam Lloyd / Ed Treadwell +44 (0) 20 7653 9850
About Wolf Minerals
Wolf Minerals is a dual listed ("ASX: WLF", "AIM: WLFE") specialty metals company. With global demand for tungsten rising and future global production expected to be constrained, Wolf Minerals has recently completed the development of a large tungsten resource at its Drakelands Mine, located at Hemerdon, in southwest England.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
April 04, 2017 02:01 ET (06:01 GMT)
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