We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blencowe Resources Plc | LSE:BRES | London | Ordinary Share | GB00BFCMVS34 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.40 | 8.42% | 5.15 | 5.00 | 5.30 | 5.15 | 4.65 | 4.75 | 581,712 | 08:24:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 0 | -1.4M | -0.0067 | -7.69 | 10.78M |
TIDMBRES
RNS Number : 2663B
Blencowe Resources PLC
06 October 2020
Date: 6 October 2020 Blencowe Resources Plc
("Blencowe" or the "Company")
Issue of Equity
The Company is pleased to announce that certain project contractors have requested to receive shares, rather than cash, in lieu of fees payable. The Company will issue a total of 3,339,806 new ordinary shares in the Company ("New Ordinary Shares") at a price of 5.15p per share (being the closing price as at Monday 5 October 2020.
An application has been made for the New Ordinary Shares to be admitted to trading on the London Stock Exchange with effect from 8.00a.m. on 12 October 2020 ("Admission").
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 101,673,132 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.
For further information please contact:
Blencowe Resources Plc Sam Quinn (London Director) www.blencoweresourcesplc.com Tel: +44 (0)1624 681 250 info@blencoweresourcesplc.com Investor Enquiries Sasha Sethi Tel: +44 (0) 7891 677 441 Email: sasha@flowcomms.com Brandon Hill Capital Limited Tel: +44 (0)20 3463 5000 Jonathan Evans (Corporate Finance) jonathan.evans@brandonhillcapital.com
Background
Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of larger flakes identified from previous work performed. A 21-year Mining Licence was issued by the Ugandan Government in 2019 following extensive historical work on the deposit.
Orom-Cross presents as a large, shallow open pitable deposit, with an estimated resource in excess of 3 billion tonnes of graphite. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.
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.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
IOEFSUFFMESSEIS
(END) Dow Jones Newswires
October 06, 2020 07:59 ET (11:59 GMT)
1 Year Blencowe Resources Chart |
1 Month Blencowe Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions