Hummingbird Resources PLC Block Listing Six Monthly Return (1813S)

TIDMHUM

RNS Number : 1813S

Hummingbird Resources PLC

11 March 2019

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), 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.

On 30 January 2019, the Company granted 595,177 new options over ordinary shares in the Company under the existing HIPPO2018 scheme ("New Options"). Application has been made for the additional ordinary shares corresponding to the New Options to be added to the block admission tomorrow, and these are included below in the balance under the schemes of securities not yet issued at the end of the period subject to the block admission.

 
 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: 12 September 2018 
                                               To: 11 March 2019 
 Balance under the schemes of securities      12,828,158 ordinary shares 
  not issued at the beginning of the 
  period subject to the block admission: 
 Number of securities issued under            1,861,302 ordinary shares 
  the schemes during the period: 
 Number of securities lapsed under            705,000 ordinary shares 
  the schemes during the period: 
 Balance under the schemes of securities      10,857,033 ordinary shares 
  not yet issued at the end of the             (includes 595,177 new ordinary 
  period subject to the block admission:       shares to be added to the 
                                               Block Admission on 12 March) 
 Number and class of securities originally    4,385,000 ordinary shares 
  admitted and the date of admission:          were admitted 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, 363,636 
                                               ordinary shares were admitted 
                                               on 13 March 2018, 156,250 
                                               ordinary shares were admitted 
                                               on 13 September 2018, and 
                                               595,177 ordinary shares are 
                                               to be admitted on 12 March 
                                               2019. The total number of 
                                               ordinary shares admitted 
                                               to date in respect to its 
                                               block admission as detailed 
                                               above is therefore 15,871,631. 
 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 plc   Tel: [phone] 
  CEO                                           6660 
  Thomas Hill, 
  FD 
  Robert Monro, 
  IR 
 
 James Spinney     Strand Hanson Limited       Tel: [phone] 
  Ritchie Balmer    Nominated Adviser           3494 
  James Bellman 
 
 Martin Davison    Canaccord Genuity Limited   Tel: [phone] 
  James Asensio     Broker                      8000 
 
 Gordon Poole      Camarco                     Tel: [phone] 
  Owen Roberts      Financial PR/IR             4997 
  Ollie Head 
 

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is 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. Yanfolila held pre-production 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 at a US$1,300 gold price.

In addition to Hummingbird's production and development assets, the Company also has an exploration footprint of 4,000km(2) and a 28% interest in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.

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 [e-mail] or visit www.rns.com.

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March 11, 2019 03:01 ET (07:01 GMT)