Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Zinnwald Lithium Plc LSE:ZNWD London Ordinary Share GB00BFN4GY99 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.44% 8.96 8.50 9.00 8.75 8.50 8.75 1,196,346 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.0 -3.1 - 26

Zinnwald Lithium PLC Further re Bacanora Lithium distribution of shares

17/12/2021 8:45am

UK Regulatory (RNS & others)


Zinnwald Lithium (LSE:ZNWD)
Historical Stock Chart


From Jun 2021 to Jun 2022

Click Here for more Zinnwald Lithium Charts.

TIDMZNWD

RNS Number : 0249W

Zinnwald Lithium PLC

17 December 2021

17 December 2021

Zinnwald Lithium plc

("Zinnwald Lithium" or the "Company")

Distribution of Zinnwald Shares owned by Bacanora

The Zinnwald Board notes today's announcement by Bacanora Lithium plc ("Bacanora") regarding the distribution in specie of the shares held by Bacanora in Zinnwald to Bacanora's shareholders. The distribution of these shares, representing 30.9 per cent. of Zinnwald's issued share capital, will happen on 22 December 2021.

Anton du Plessis, CEO of Zinnwald said:

"I am pleased to welcome the Bacanora shareholders to Zinnwald and I look forward to updating all shareholders in the new year on progress at the Zinnwald Lithium Project and our plans to further advance the asset."

For further information contact:

 
 Anton du Plessis           Zinnwald Lithium plc             info@zinnwaldlithium.com 
                            Allenby Capital Limited          +44 (0) 20 3328 
 David Hart/Liz Kirchner     (Nominated Adviser)              5656 
                                                             +44 (0) 20 3179 
 Mike Seabrook /                                              5344 
  Robert Hayward /          Oberon Capital                    +44 (0) 20 3179 
  Chris Crawford             (Joint Broker)                   5315 
                            Turner Pope Investments 
 James Pope/Andy             (TPI) Ltd                       +44 (0) 20 3657 
  Thacker                    (Joint Broker)                   0050 
 Isabel de Salis/Frank      St Brides Partners (Financial    info@stbridespartners.co.uk 
  Buhagiar                   PR) 
 

Notes

Zinnwald Lithium plc (EPIC: ZNWD.L) is an AIM quoted, German focused lithium development company focussed on becoming an important supplier to Europe's fast-growing battery sector. The Company owns the Zinnwald Lithium Project in Germany, a late-stage development project with attractive economics and approved mining licence. A Feasibility Study, published in June 2019, highlighted a EUR428m pre-tax NPV, a pre-tax IRR of 27.4% and a 46% EBITDA margin for Zinnwald. The project is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's most advanced battery grade lithium projects.

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

FURTRBPTMTIBMIB

(END) Dow Jones Newswires

December 17, 2021 03:45 ET (08:45 GMT)

1 Year Zinnwald Lithium Chart

1 Year Zinnwald Lithium Chart

1 Month Zinnwald Lithium Chart

1 Month Zinnwald Lithium Chart
ADVFN Advertorial
Your Recent History
LSE
ZNWD
Zinnwald L..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220625 17:53:29