Hummingbird Resources PLC Exercise of Options and Total Voting Rights (7848P)

TIDMHUM

RNS Number : 7848P

Hummingbird Resources PLC

12 February 2019

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

Hummingbird Resources plc

("Hummingbird" or the "Company")

Exercise of Options and Total Voting Rights

Hummingbird Resources (AIM:HUM) announces that it has issued 1,861,302 new ordinary shares of 1p each in the Company ("Ordinary Shares") pursuant to an exercise of options under pre-existing employee share option schemes ("Options Exercise").

The Ordinary Shares to be issued pursuant to the Options Exercise have already been admitted to trading on AIM ("Admission") under the Company's block listing most recently announced on 12 September 2018.

Total Voting Rights

The total number of Ordinary Shares in issue following Admission will be 353,688,201 and the Company holds no shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 353,688,201.

The above figure of 353,688,201 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Hummingbird under the FCA's Disclosure and Transparency Rules.

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 & Financial 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                  4980 
  James Crothers 
 

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 4,000km2 and a 28% interest in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.

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.

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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February 12, 2019 06:46 ET (11:46 GMT)