Alien Metals Limited Director's Dealing in Securities (8667N)

TIDMUFO

RNS Number : 8667N

Alien Metals Limited

03 February 2021

Trading Symbols

AIM: UFO

FWB: I3A1

3 February 2021

Alien Metals Ltd

("Alien Metals" or "the Company")

Director's Dealing in Securities

Alien Metals Ltd (LSE AIM:UFO), a minerals exploration and development company, is pleased to advise that it has received notification that on 3 February 2021, Mark Culbert, a non-executive director of the Company, purchased 5,000,000 Alien ordinary shares of no par value at a price of 1.25p per share.

Following this transaction, which is detailed in the PDMR Dealing Notification Form below, Mr Culbert has a beneficial interest in 5,000,000 ordinary shares, representing 0.15% of the Company's issued share capital.

For further information please visit the Company's website at www.alienmetals.uk , or contact:

 
 Alien Metals Limited                 Turner Pope Investments (TPI) 
  Bill Brodie Good, CEO & Technical    Limited (Joint Broker) 
  Director                             Andy Thacker 
  Tel: [phone]                Tel [phone] 
 Beaumont Cornish Limited (Nomad)     First Equity Limited (Joint 
  James Biddle/ Roland Cornish         Broker) 
  www.beaumontcornish.com              Jason Robertson 
  Tel: [phone]            Tel [phone] 
 
   Yellow Jersey PR (Financial 
   PR) 
   Sarah Hollins / Joe Burgess 
   / Matthew McHale 
   [e-mail] 
   Tel: [phone] 
 

Notes to Editors

Alien Metals Ltd is a mining exploration and development company listed on AIM of the London Stock Exchange (LSE: UFO). The Company's focus is on precious and base metal commodities, with its operations located in proven mining jurisdictions and it has embarked upon an acquisition-led strategy headed by a high-quality geological team to build a strong portfolio of diversified assets.

In 2019 it made two acquisitions over the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore projects and the Elizabeth Hill Silver projects both located in the Pilbara region, Western Australia.

The Company also holds silver projects located in the Zacatecas State, Mexico's largest silver producing state which produced over 190m oz of silver in 2018 alone accounting for 45% of the total silver production of Mexico for that year.

In addition to progressing and developing its portfolio of assets and following its strategic review of its portfolio of silver and precious metals projects in Mexico, Alien Metals has identified priority exploration targets within its nine mining concessions which it is working to advance systematically.

Notification and public disclosure of transactions by persons discharging m anag e rial responsibili ties and persons closely assoc i ated with th e m

 
 1     Deta ils of the person discharging m anagerial responsibilities 
        / person closely associated 
 a)   Na me                                MARK CHRISTIAN CULBERT 
     -----------------------------------  --------------------------------- 
 2    Reaso n for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status                      Non-Executive Director 
     -----------------------------------  --------------------------------- 
 b)   I nitial notification/Amendment      Initial Notification 
     -----------------------------------  --------------------------------- 
 3     Deta ils of the issuer, e mission allow ance m a rket participant, 
        auct ion plat for m, auctioneer or auc tion monitor 
     ---------------------------------------------------------------------- 
 a)   Na me                                Alien Metals Ltd 
     -----------------------------------  --------------------------------- 
 b)   L E I                                213800KS2BKR6QBRHE44 
     -----------------------------------  --------------------------------- 
 4    Deta ils of the t ransact ion(s): section to be re p eated 
       for ( i) e a ch type of instrum ent; 
       (ii ) each type of transa c tion; (iii) each date; a nd (iv) 
       each place where transactions have been conducted 
     ---------------------------------------------------------------------- 
 a)   Descriptio n of the                  Ordinary Shares of no par value 
       financial instrument, 
       t ype of instrument 
 
                                            VGG017351021 
       I d entification 
       code 
     -----------------------------------  --------------------------------- 
 b)   Nature of the transaction            Purchase of shares 
     -----------------------------------  --------------------------------- 
 c)   Price(s ) and volum                    Price(s)   Volume(s) 
       e (s)                                  1.25p      5,000,000 
                                                        ---------- 
     -----------------------------------  --------------------------------- 
 d)   Aggr e g ate d i n 
       formation 
     -----------------------------------  --------------------------------- 
                                          N/A 
               *    Aggre gated volume     N/A 
 
 
               *    Price 
     -----------------------------------  --------------------------------- 
 e    Date of the transaction              3 February 2021 
  ) 
     -----------------------------------  --------------------------------- 
 f)   Place of the tr ansaction            Outside a trading venue 
     -----------------------------------  --------------------------------- 
 

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February 03, 2021 05:06 ET (10:06 GMT)