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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Alba Mineral Resources Plc | LSE:ALBA | London | Ordinary Share | GB00B06KBB18 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.055 | 0.05 | 0.06 | 0.055 | 0.055 | 0.055 | 10,780,512 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -116k | 0.0000 | N/A | 4.26M |
From Jul 2019 to Jul 2024
TIDMALBA
RNS Number : 7065B
Alba Mineral Resources PLC
12 October 2020
Alba Mineral Resources plc
(" Alba " or the " Company ")
Alba Terminates Bergen Investment Facility
Alba Mineral Resources plc (AIM: ALBA) announces that it has terminated the convertible securities issuance deed (the "Agreement") with a U.S.-based institutional investment fund managed by Bergen Asset Management, LLC (the "Investor"), first announced on 24 February 2020, which provided funding in the form of the issuance by Alba of unsecured zero coupon convertible securities (the "Convertible Securities").
As such, Alba will be issuing no further Convertible Securities under the Agreement and the Investor will be providing no further funding and receiving no further Alba shares under the terminated investment facility.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Alba Mineral Resources plc George Frangeskides, Executive Chairman +44 20 3907 4297 Cairn Financial Advisers LLP ( Nomad ) James Caithie / Liam Murray +44 20 7213 0880 ETX Capital Limited (Broker) Thomas Smith +44 20 7392 1494
Alba's Project and Investment Portfolio
Hot Features
Premium
Project (commodity) Location Ownership
Mining Projects
Amitsoq (graphite) Greenland 90%
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Clogau (gold) Wales 90%
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Inglefield (copper, cobalt,
gold) Greenland 100%
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Limerick (zinc-lead) Ireland 100%
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Melville Bay (iron ore) Greenland 51%
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TBS (ilmenite) Greenland 100%
----------- ----------
Oil & Gas Investments
Brockham (oil) England 5%
----------- ----------
Horse Hill (oil) England 11.765%
----------- ----------
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
MSCGPGUAUUPUGUU
(END) Dow Jones Newswires
October 12, 2020 02:00 ET (06:00 GMT)
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