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Share Name Share Symbol Market Type
NQ Minerals PLC NEX:NQMI NEX Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.35p -6.80% 4.80p 4.50p 6.00p 5.30p 5.30p 5.30p 300,000 16:33:41

NQ Minerals PLC Issue of Equity

17/05/2019 7:00am

UK Regulatory (RNS & others)


NQ Minerals (NEX:NQMI)
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1 Month : From Apr 2019 to May 2019

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TIDMNQMI

RNS Number : 2965Z

NQ Minerals PLC

17 May 2019

17 May 2019

NQ Minerals Plc

(the "Company" or "NQ Minerals")

Issue of Equity

NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), mineral processing, exploration and mining company is pleased to announce that it has issued 1,367,521 new ordinary shares at a price equivalent to 6.5 pence per share for payment settled with shares associated with a three month extension of maturing debt.

Following the issue of the new shares, the Company has 325,266,886 ordinary shares of 0.1p each in issue, each carrying the right to one vote.

The above figure of 325,266,886 should 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.

-END-

About NQ Minerals

NQ Minerals is an Australia-based mining company which commenced production in Q4 2018 at its flagship Hellyer Gold Mine. The Company anticipates strong cash-flow and profitability from Hellyer and has a portfolio of exciting exploration prospects. The Company's management team has decades of experience in the exploration and production of gold, silver and a variety of base metals. Please visit our website at www.nqminerals.com.

 
 For further information, please contact:  NQ Minerals                                                   IFC Advisory Ltd 
     Brian Stockbridge                    Arden Partners Plc       Financial PR 
     Non - Executive Chairman             Corporate Finance        Graham Herring, 
     brian.stockbridge@nqminerals.com     Ruari McGirr, Ciaran     Tim Metcalfe 
     + 44 (0) 787 688 8011 (United        Walsh                    +44 (0) 203 934 6630 
     Kingdom)                             Dan Gee-Summons 
                                          +44 (0) 207 416 5900 
    Colin Sutherland 
     Chief Financial Officer 
     colin.sutherland@nqminerals.com 
     + 1 (416) 452 2166 (North 
     America) 
 

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 rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

May 17, 2019 02:00 ET (06:00 GMT)

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