Share Name Share Symbol Market Type Share ISIN Share Description
Prairie Mining Limited LSE:PDZ London Ordinary Share AU000000PDZ2 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 12.25 11.50 13.00 12.25 12.25 12.25 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.4 -2.8 -1.3 - 26

Prairie Mining Limited Share Purchase Plan Results

17/09/2020 7:55am

UK Regulatory (RNS & others)


RNS Number : 2834Z

Prairie Mining Limited

17 September 2020


   NEWS RELEASE |   17 September 2020 


Prairie Mining Limited (Prairie or Company) is pleased to announce that the Company has received valid applications for a small oversubscription of 16,080,000 shares at an issue price of A$0.25 each to raise A$4.02 million under the Company's share purchase plan (SPP).

Pursuant to the SPP, the Company will accept all valid applications and there will be no scale back.

Valid applicants under the SPP will receive a letter in the coming days from Computershare with confirmation of their personal allocations. All invalid applications will receive a refund cheque.

The shares for the SPP are likely to be issued on 23 September 2020 with trading on the ASX to commence on 25 September 2020.

An application will be made for admission of the SPP shares to the standard listing segment of the Official List of the FCA (Official List) and to trading on the main market of the London Stock Exchange for listed securities (together, LSE Admission). LSE Admission is expected to take place on 1 October 2020.

Following LSE Admission, the Company's issued ordinary share capital will be 228,355,089 ordinary shares. The above figure of 228,355,089 may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company following LSE Admission.

For further information, please contact:

 Prairie Mining Limited              Tel: +44 207 478 3900 
  Ben Stoikovich, Chief Executive   Email: 
 Sapan Ghai, Head of Corporate 
  Kazimierz Chojna, Commercial 

This announcement has been authorised for release by the Company Secretary.

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September 17, 2020 02:55 ET (06:55 GMT)

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