Anglesey Mining PLC Issue of Equity - Warrants exercised

 
TIDMAYM 
 
Further issue of new shares for proceeds of GBP28,350 gross 
 
 
Anglesey Mining plc announces that it has issued 1,575,000 new ordinary shares, 
representing approximately 0.7% of the company's current issued share capital, 
at 1.8 pence per share following the exercise of warrants. These warrants were 
granted as part of the placing of 12.5 million shares which took place on 24 
August 2020. Following this share issue no further warrants remain outstanding. 
 
Admission and Total Voting Rights 
 
The new ordinary shares of 1 pence each issued in respect of this transaction 
will rank pari passu with the existing ordinary shares of the company and are 
expected to be admitted to the Official List and to trading on the London Stock 
Exchange's main market on 14 December 2020. 
 
The issued ordinary share capital of the company is now 211,975,732 ordinary 
shares of 1 pence each with voting rights; there are no shares held in 
treasury.  This figure may be used by shareholders as the denominator for the 
calculations which will determine whether they are required to notify their 
interest in the company, or any change to that interest, under the Financial 
Conduct Authority's Disclosure and Transparency Rules. 
 
About Anglesey Mining plc 
 
Anglesey is carrying out development and exploration work at its 100% owned 
Parys Mountain zinc-copper-lead deposit in North Wales, UK with a reported 
resource of 2.1 million tonnes at 6.9% combined base metals in the indicated 
category and 4.1 million tonnes at 5.0% combined base metals in the inferred 
category 
 
Anglesey holds a 10.0% interest, and management rights to the Grangesberg Iron 
project in Sweden, together with a right of first refusal to increase its 
interest by a further 50.1%. 
 
Anglesey also has 12% of Labrador Iron Mines Holdings Limited which holds 
direct shipping iron ore deposits in Labrador and Quebec. 
 
For further information please contact: 
Bill Hooley, Chief Executive  07785 572517 
Danesh Varma, Finance Director  07740 932766 
Thomas Smith, ETX Capital  020 7392 1432 
 
 
 
 
END 
 

(END) Dow Jones Newswires

December 09, 2020 03:58 ET (08:58 GMT)