Hummingbird Resources PLC Block Listing Six Monthly Return (8081Y)

TIDMHUM

RNS Number : 8081Y

Hummingbird Resources PLC

11 September 2020

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 16th April 2020 the Company granted 1,365,000 new options over ordinary shares in the Company ("New Options").

Application has been made for the additional ordinary shares corresponding to the New Options to be added to the block admission on 17 September 2020. 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 M arch 2 020 
                                               To: 11 S eptember 2020 
 Balance under the schemes of securities      17,917,245 ordinary shares 
  not issued at the beginning of the 
  period subject to the block admission: 
 Number of securities issued under            3 ,047,490 ordinary shares 
  the schemes during the period: 
 Number of securities lapsed under            462,500 ordinary shares 
  the schemes during the period: 
 Balance under the schemes of securities      1 5,772,255 ordinary shares 
  not yet issued at the end of the             (includes 1,365,000 shares 
  period subject to the block admission:       added to the Block Admission 
                                               on 17 September 2020) 
 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, 595,177 
                                               ordinary shares were admitted 
                                               on 12 March 2019, 8,203,388 
                                               were admitted on 12 March 
                                               2020, and 1,365,000 to be 
                                               admitted on 17 September 
                                               2020 . The total number of 
                                               ordinary shares admitted 
                                               to date in respect to its 
                                               block admission as detailed 
                                               above is therefore 25,440,019. 
 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 
  Edward Montgomery, 
  CSO and ESG 
 
 James Spinney         Strand Hanson Limited       Tel: [phone] 
  Ritchie Balmer        Nominated Adviser           3494 
  James Bellman 
 
 James Asensio         Canaccord Genuity Limited   Tel: [phone] 
                        Broker                      8000 
 
 Tim Blythe            Blytheweigh                 Tel: [phone] 
  Megan Ray             Financial PR/IR             3205 
  Rachael Brooks 
 

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 recently acquired Kouroussa Gold Project in Guinea. Yanfolila produced its first gold pour on time and budget in December 2017. At 31 October 2019 Yanfolila has a 7.9Mt of Reserve ore @ 2.66 g/t for 676,000ozs gold. At 31 March 2019 Yanfolila had a total Resource base (inclusive of Reserves) of 28Mt of Ore @ 2.23 g/t for 2,005,300ozs gold. The Kouroussa Gold Project has a Resource base of 1.18Moz @ 3.08 g/t, which will be fast tracked to production, adding an additional c.100,000 oz of gold per annum to its production profile. Hummingbird also has a controlling interest in the Dugbe Gold Project that is expected to be developed by Pasofino Gold Limited (previously ARX Resources Limited) through an earn-in agreement. 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 43% IRR and US$337m NPV at a US$1,500 gold price.

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September 11, 2020 12:06 ET (16:06 GMT)