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JAN Jangada Mines Plc

1.30
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jangada Mines Plc LSE:JAN London Ordinary Share GB00BZ11WQ61 ORD GBP0.0004
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.30 1.20 1.40 1.30 1.30 1.30 31,178 07:31:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -936k -0.0036 -3.61 3.36M

Jangada Mines PLC Issue of Equity (1401X)

25/04/2019 2:54pm

UK Regulatory


Jangada Mines (LSE:JAN)
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TIDMJAN

RNS Number : 1401X

Jangada Mines PLC

25 April 2019

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

25 April 2019

Jangada Mines plc ('Jangada' or the 'Company')

Issue of Equity

Jangada Mines plc, a natural resources company developing the Pedra Branca Project, South America's largest and most advanced platinum group metals ('PGM') and nickel project, and the Ptombeiras West Vanadium Project, has agreed to issue 1,526,125 new ordinary shares of GBP0.0004 each in the capital of the Company ("Ordinary Shares") to a contractor in lieu of payment of cash consideration due for certain technical services provided to Jangada.

Application will be made for the 1,526,125 Ordinary Shares to be admitted to trading on AIM, with admission expected to take place on 3 May 2019.

Following the issue of the new Ordinary Shares, there will be 237,315,053 Ordinary Shares in issue. This figure may be used by shareholders of the Company 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, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Guidance.

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 ("MAR").

* ENDS *

For further information, please visit www.jangadamines.com or contact:

 
 Jangada Mines plc         Brian McMaster (Chairman)   Tel: +44 (0) 20 7317 
                                                        6629 
 
 Strand Hanson Limited     James Spinney               Tel: +44 (0)20 7409 
  (Nominated & Financial    Ritchie Balmer              3494 
  Adviser)                  Jack Botros 
 
 
 Brandon Hill Capital      Jonathan Evans              Tel: +44 (0)20 3463 
  (Broker)                  Oliver Stansfield           5000 
 
 St Brides Partners        Isabel de Salis             Tel: +44 (0)20 7236 
  Ltd                       Gaby Jenner                 1177 
  (Financial PR) 
 

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.

END

IOECKPDPNBKDBQB

(END) Dow Jones Newswires

April 25, 2019 09:54 ET (13:54 GMT)

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