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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Amur Minerals Corporation | LSE:AMC | London | Ordinary Share | VGG042401007 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.09 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Mineral Royalty Traders | 0 | -3.01M | -0.0022 | -0.41 | 1.25M |
TIDMAMC
RNS Number : 2122C
Amur Minerals Corporation
15 October 2020
The following amendment has been made to the ' Issue of Equity' announcement released on 15.10.20 at 10:22am under RNS No 2016C.
"Application will be made to the London Stock Exchange plc for 8,845,540 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 20 October 2020."
was amended to
"Application will be made to the London Stock Exchange plc for 8,845,540 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 21 October 2020."
All other details remain unchanged.
The full amended text is shown below
15 October 2020
AMUR MINERALS CORPORATION
(AIM: AMC)
Issue of Equity
Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, is pleased to announce that certain Directors and Executive Management have today been issued 7,848,200 new Ordinary Shares of the Company at a price of 2.35 pence per share for a total value of GBP184,432 as part satisfaction of salaries and fees (the "Subscription"). In addition, 997,340 new ordinary shares have been issued in settlement of outstanding fees to a service provider at a price of 2.35 pence for share. The Subscription price is at the closing price of Wednesday 14 October 2020.
The following Directors and Executive Management have converted unpaid salaries or fees and participated in the Subscription:
Director / Executive No. Shares GBP Robert Schafer (Non-executive Chairman) 1,433,715 33,692 ----------- -------- Paul Gazzard (Non-executive Director) 1,196,809 28,125 ----------- -------- Tom Bowens (Non-executive Director) 1,217,676 28,615 ----------- -------- Brian Savage (Non-executive Director) 4,000,000 94,000 ----------- -------- Total 7,848,200 184,432 ----------- --------
Following the Subscription, the Directors and Executive Management will have the following beneficial interest in the Company's issued ordinary share capital:
% of enlarged Director / Executive No. Shares capital Robert Schafer (Non-executive Chairman) 3,167,508 0.23% ----------- -------------- Paul Gazzard (Non-executive Director) 2,758,679 0.20% ----------- -------------- Tom Bowens (Non-executive Director) 8,745,280 0.63% ----------- -------------- Brian Savage (Non-executive Director) 4,536,738 0.33% ----------- --------------
Application will be made to the London Stock Exchange plc for 8,845,540 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 21 October 2020. The new Ordinary Shares rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid. There are no Ordinary Shares held in treasury. Therefore, the total number of voting rights in the Company, following the issue of 8,845,540 new Ordinary Shares is 1,379,872,315.
Following the Subscription, there is a total of GBP240,000 of unpaid salaries or fees are due to Directors and Executive Management.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's share dealing.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1. Details of the person discharging managerial responsibilities/person closely associated a) Name: 1. Robert Schafer 2. Paul Gazzard 3. Tom Bowens 4. Brian Savage --------------------------------- ---------------------------------------------------- 2. Reason for the notification --------------------------------------------------------------------------------------- a) Position/status: 1. Non-Executive Chairman 2. Non-Executive Director 3. Non-Executive Director 4. Non-Executive Director --------------------------------- ---------------------------------------------------- b) Initial notification/Amendment: Initial notification --------------------------------- ---------------------------------------------------- 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --------------------------------------------------------------------------------------- a) Name: Amur Minerals Corporation --------------------------------- ---------------------------------------------------- b) LEI: 213800XFW6MKVCHHPW88 --------------------------------- ---------------------------------------------------- 4a. Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted --------------------------------------------------------------------------------------- a) Description of the financial Ordinary shares of no instrument, type of instrument: par value Identification code: VGG042401007 --------------------------------- ---------------------------------------------------- b) Nature of the transaction: Purchase of shares --------------------------------- ---------------------------------------------------- c) Price(s) and volume(s): Price(s) Volume(s) 1. 2.35 p 1. 1,433,715 2. 2.35 p 2. 1,196,809 3. 2.35 p 3. 1,217,676 4. 2.35 p 4. 4,000,000 ------------------------- --------------------------------- ---------------------------------------------------- d) Aggregated information: Single transaction as Aggregated volume: in 4 c) above Price(s) Volume(s) Price: 2.35 pence 7,848,200 ---------- --------------------------------- ---------------------------------------------------- e) Date of the transaction: 2020-10-14 --------------------------------- ---------------------------------------------------- f) Place of the transaction: Outside of trading venue --------------------------------- ----------------------------------------------------
-ENDS-
For further information, please contact: Company Nomad and Broker Public Relations Amur Minerals S.P. Angel Corporate Finance Blytheweigh Corp. LLP Robin Young CEO Richard Morrison Megan Ray Soltan Tagiev Tim Blythe +7 (4212) 75 56 +44 (0) 20 7138 15 +44 (0) 20 3470 0470 3203
For additional information on the Company, visit the Company's website, www.amurminerals.com .
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
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(END) Dow Jones Newswires
October 15, 2020 06:03 ET (10:03 GMT)
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