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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Andrada Mining Limited | LSE:ATM | London | Ordinary Share | GG00BD95V148 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.05 | 1.04% | 4.85 | 4.80 | 4.90 | 4.85 | 4.80 | 4.80 | 1,214,093 | 14:33:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Ferroalloy Ores, Ex Vanadium | 9.88M | -8.1M | -0.0051 | -9.51 | 76.66M |
TIDMATM
RNS Number : 3255W
AfriTin Mining Ltd
22 April 2021
22 April 2021
AfriTin Mining Limited
("AfriTin" or the "Company")
Exercise of Warrants
AfriTin has received notice from warrant holders to exercise 1,186,666 warrants at an exercise price of 4.5p and 500,000 warrants at an exercise price of 1.95p; and accordingly the Company has today issued 1,686,666 Ordinary Shares (the "Warrant Shares") to satisfy these exercises
Application has been made to admit the Warrant Shares to trading on AIM and it is anticipated that the application will be effected and dealings will commence on 28 April 2021 ("Admission").
Disclosure and Transparency Rules
In accordance with the provisions of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority, the Company confirms that, upon Admission its issued share capital will comprise 876,376,678 Ordinary Shares of no-par value upon Admission (the "Enlarged Share Capital"). All of these Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in treasury. The total number of voting rights in the Company will therefore be 876,376,678 upon Admission. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company under the DTRs.
For further information, please visit www.afritinmining.com or contact:
AfriTin Mining Limited Anthony Viljoen, CEO +27 (11) 268 6555 Nominated Adviser WH Ireland Limited Katy Mitchell James Sinclair-Ford +44 (0) 20 7220 1666 Corporate Advisor and Joint Broker Hannam & Partners Andrew Chubb Jay Ashfield Nilesh Patel +44 (0) 20 7907 8500 Joint Broker Turner Pope Investments Andy Thacker +44 (0) 20 3657 0050 Financial PR (United Kingdom) Tavistock +44 (0) 20 7920 3150 Jos Simson Emily Moss Oliver Lamb
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014
About AfriTin Mining Limited
Notes to Editors
AfriTin Mining Limited is the first pure tin company listed in London and its vision is to create a portfolio of globally significant, conflict-free, tin-producing assets. The Company's flagship asset is the Uis Tin Mine in Namibia, formerly the world's largest hard-rock opencast tin mine.
AfriTin is managed by an experienced board of directors and management team with a current two-fold strategy: fast-track Uis Tin Mine in Namibia to commercial production as Phase 1, ramping up to 5,000 tonnes of concentrate per annum in a Phase 2 expansion. The Company strives to capitalise on the solid supply/demand fundamentals of tin by developing a critical mass of tin resource inventory, achieving production in the near term and further scaling production by consolidating tin assets in Africa.
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.
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(END) Dow Jones Newswires
April 22, 2021 08:56 ET (12:56 GMT)
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