ALTYNGOLD PLC: Issue of Bonds on AIX

TIDMALTN 
 
 

AltynGold Plc

("AltynGold" or the "Company")

AIX New Listings

AltynGold Plc (LSE:ALTN) an exploration and development company is pleased to announce the new listing of a USD 10 million bond issue on the Astana International Exchange Ltd. (AIX). The proceeds will be allocated to capital expenditures in line with the company's growth program.

The listing date is planned for the 4(th) of April 2023 with the first trading on the 5(th) of April 2023. For further details, please find the following link to the prospectus listed on the Astana International Exchange

https://k4txdyb.onk2.com/Runtime/Runtime/Form/MRA.Disclosure+Document+Display+Form?documentid=e8157708-de4d-422e-9f68-31e8f0d2115d

The Board of Directors of AltynGold said:

"The swift completion of our new bond offering is another stamp of confidence in the prospects of AltynGold. The bond program complements our recent financing initiatives for the planned capacity expansion as per our strategic growth plan."

Details of the bonds are shown below:

 
Security Name              Bonds of AltynGold Plc. 
Symbol                     ALTN.0425 
ISIN                       KZX000001276 
Board                      DEBT 
Instrument Type            Bonds 
Currency                   USD 
Country                    Kazakhstan 
Issuer                     AltynGold Plc 
Original Issued Quantity   100,000 
Issued Quantity            100,000 
Tradable Quantity          100,000 
Issue Date                 4 April 2023 
First day of trading       5 April 2023 
Face value                 USD 100 
Issue Price                100% 
Reference Price            100% of the Aggregate Nominal Amount 
Pricing Convention         Percentage of par value / Clean Price 
Tick Size Table            0.01 
Maturity Date              4 April 2025 
Coupon Rate                10.50 % per annum 
Coupon Frequency           Quarterly 
 

For further information please contact:

AltynGold Plc

Rajinder Basra [phone]

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.

Information on the Company

AltynGold Plc (LSE:ALTN) is an exploration and development company, which is listed on the main market segment of the London Stock Exchange.

To read more about AltynGold Plc please visit our website www.altyn.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20230404005827/en/

 
    CONTACT: 

AltynGold Plc

 
    SOURCE: AltynGold Plc 
Copyright Business Wire 2023 
 

(END) Dow Jones Newswires

April 04, 2023 10:42 ET (14:42 GMT)