Hummingbird Resources PLC Block Listing Six Monthly Return (4372H)

TIDMHUM

RNS Number : 4372H

Hummingbird Resources PLC

12 March 2018

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

Hummingbird Resources plc ('Hummingbird' or 'the Company')

Block Listing Six Monthly Return

Hummingbird Resources plc (AIM: HUM), the West African gold company, announces the following update relating to its block admission of shares to be issued to certain option holders upon the exercise by such option holders of options granted pursuant to the Company's share option schemes.

Application has been made for an additional 363,636 ordinary shares to be admitted to the block admission tomorrow pursuant to the issue of options during the period in review.

 
 Name of company:                    Hummingbird Resources 
                                      plc 
 Name of schemes:                    The Hummingbird Resources 
                                      plc - Unapproved Share 
                                      Option Scheme, the 
                                      Hummingbird Resources 
                                      Limited EMI Share Option 
                                      Plan 2010, and other 
                                      share options 
 Period of return:                   From: 11 September 
                                      2017 
                                      To: 12 March 2018 
 Balance under the schemes           13,266,568 ordinary 
  of securities not issued            shares 
  at the beginning of the period 
  subject to the block admission: 
 Number of securities issued         Nil ordinary shares 
  under the schemes during 
  the period: 
 Number of securities lapsed         Nil ordinary shares 
  under the schemes during 
  the period: 
 Balance under the schemes           13,630,204 ordinary 
  of securities not yet issued        shares 
  at the end of the period 
  subject to the block admission: 
 Number and class of securities      4,385,000 ordinary 
  originally admitted and the         shares were admitted 
  date of admission:                  on 21 March 2012. A 
                                      further: 2,349,000 
                                      ordinary shares were 
                                      admitted on 21 March 
                                      2014, 250,000 ordinary 
                                      shares were admitted 
                                      on 12 March 2015, 7,772,568 
                                      ordinary shares were 
                                      admitted on 13 March 
                                      2017 and 363,636 ordinary 
                                      shares are to be admitted 
                                      on 13 March 2018. The 
                                      total number of ordinary 
                                      shares admitted to 
                                      date in respect to 
                                      its block admission 
                                      as detailed above is 
                                      therefore 15,120,204. 
 Name of contact:                    Thomas Hill, Company 
                                      Secretary 
 Telephone number of contact:        [phone] 
 

**ENDS**

For further information, please visit www.hummingbirdresources.co.uk or contact:

 
 Daniel Betts      Hummingbird Resources   Tel: +44 (0)207 
  Thomas Hill       plc                     409 6660 
  Robert Monro 
 
 James Spinney     Strand Hanson Limited   Tel: +44 (0) 20 
  Ritchie Balmer    Nominated Adviser       7409 3494 
  James Bellman     and Broker 
 
 Lottie Wadham     St Brides Partners      Tel: +44 (0) 20 
  Susie Geliher     Ltd                     7236 1177 
                    Financial PR/IR 
 

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.

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company. The Company has two core gold projects, the Yanfolila Gold Mine in Mali and the Dugbe Gold Project in Liberia.

Yanfolila produced its first gold pour on time and budget in December 2017 and is expected to produce approximately 107,000oz gold/year on average over the Life of Mine. Yanfolila holds Probable Reserves of 709,800oz @ 3.14g/t, total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential.

The Dugbe Gold Project has Resources currently totalling 4.2Moz of gold and a completed NI 43-101 compliant PEA on the project showing a 29% IRR and US$186m NPV.

In addition to Hummingbird's production and development assets, the Company also has an exploration footprint of 5,000km2 and a 34% interest in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 12, 2018 09:00 ET (13:00 GMT)