Dalradian announces Director and Officer Dealings
TORONTO, October 12, 2017 /Marketwired/ - Dalradian Resources Inc. (TSX:DNA; AIM:DALR) ('Dalradian' or the 'Company') announces that Dalradian's Directors and Officers have exercised 371,250 common share purchase warrants originally issued on 7 October 2015 ('October Warrants') on 10 October 2017 at a price of $1.04, raising C$386,100.
Details of the exercises are in the table below.
+-----------------+---------------+--------------+---------------+-------------+ | Director or | Common Shares | Funds Raised | Common Shares | % of issued | | Officer | Issued on | on Exercise | Held after |Share Capital| | | Exercise | | Exercise | | +-----------------+---------------+--------------+---------------+-------------+ |Patrick Anderson | 125,000 | $130,000 | 4,341,361 | 1.44 | +-----------------+---------------+--------------+---------------+-------------+ | Keith McKay | 12,500 | $13,000 | 636,000 | 0.21 | +-----------------+---------------+--------------+---------------+-------------+ | Marla Gale | 28,750 | $29,900 | 65,700 | 0.02 | +-----------------+---------------+--------------+---------------+-------------+ |James Rutherford | 62,500 | $65,000 | 125,000 | 0.04 | +-----------------+---------------+--------------+---------------+-------------+ | Sean Roosen | 62,500 | $65,000 | 1,865,583 | 0.62 | +-----------------+---------------+--------------+---------------+-------------+ | Patrick Downey | 80,000 | $83,200 | 291,250 | 0.10 | +-----------------+---------------+--------------+---------------+-------------+
The shares issued upon exercise of the October Warrants were admitted for trading on the AIM market of the London Stock Exchange as part of the block admission announced on 23 September 2016.
Following the October Warrant exercises, the Company has in issue 302,036,596 Common Shares. This figure 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, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
About Dalradian Resources Inc.
Dalradian Resources Inc. is a mineral exploration and development company that is focused on advancing its high-grade Curraghinalt Gold Project located in Northern Ireland, United Kingdom.
For more information:
Marla Gale Vice President Communications +1 416 583 5600 or investor@dalradian.com
Grant Thornton UK LLP (Nominated Adviser) Philip Secrett / Richard Tonthat +44 (0)20 7383 5100
Canaccord Genuity Limited (Broker) Henry Fitzgerald-O'Connor / Martin Davison +44 (0)20 7523 8000
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
+---+--------------------------------------------------------------------------+ |1. |Details of the person discharging managerial responsibilities/person | | |closely associated | +---+---------------------------------------+----------------------------------+ |a) |Name: |Patrick F.N. Anderson | +---+---------------------------------------+----------------------------------+ |2. |Reason for the notification | | +---+---------------------------------------+----------------------------------+ |a) |Position/status: |CEO and Director | +---+---------------------------------------+----------------------------------+ |b) |Initial notification/Amendment: |Initial Notification | +---+---------------------------------------+----------------------------------+ |3. |Details of the issuer, emission | | | |allowance market participant, auction | | | |platform, auctioneer or auction monitor| | +---+---------------------------------------+----------------------------------+ |a) |Name: |Dalradian Resources Inc. | +---+---------------------------------------+----------------------------------+ |b) |LEI: |N/A | +---+---------------------------------------+----------------------------------+ |4. |Details of the transaction(s): section | | | |to be repeated for (i) each type of | | | |instrument; (ii) each type of | | | |transaction; (iii) each date; and (iv) | | | |each place where transactions have been| | | |conducted | | +---+---------------------------------------+----------------------------------+ |a) |Description of the financial |Common Shares of no par value | | |instrument, type of instrument | | | | | | | |Identification Code | | | | | ISIN: CA2354991002 | +---+---------------------------------------+----------------------------------+ |b) |Nature of the transaction |Exercise of common share purchase | | | |warrants | +---+---------------------------------------+----------------------------------+ |c) |Price(s) and volume |125,000 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 125,000 common shares| +---+---------------------------------------+----------------------------------+ |d) |Aggregated information |125,000 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 125,000 common shares| +---+---------------------------------------+----------------------------------+ |e) |Date of the transaction |10 October 2017 | +---+---------------------------------------+----------------------------------+ |f) |Place of the transaction |Outside a trading venue | +---+---------------------------------------+----------------------------------+
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
+---+--------------------------------------------------------------------------+ |1. |Details of the person discharging managerial responsibilities/person | | |closely associated | +---+---------------------------------------+----------------------------------+ |a) |Name: |Keith McKay | +---+---------------------------------------+----------------------------------+ |2. |Reason for the notification | | +---+---------------------------------------+----------------------------------+ |a) |Position/status: |CFO | +---+---------------------------------------+----------------------------------+ |b) |Initial notification/Amendment: |Initial Notification | +---+---------------------------------------+----------------------------------+ |3. |Details of the issuer, emission | | | |allowance market participant, auction | | | |platform, auctioneer or auction monitor| | +---+---------------------------------------+----------------------------------+ |a) |Name: |Dalradian Resources Inc. | +---+---------------------------------------+----------------------------------+ |b) |LEI: |N/A | +---+---------------------------------------+----------------------------------+ |4. |Details of the transaction(s): section | | | |to be repeated for (i) each type of | | | |instrument; (ii) each type of | | | |transaction; (iii) each date; and (iv) | | | |each place where transactions have been| | | |conducted | | +---+---------------------------------------+----------------------------------+ |a) |Description of the financial |Common Shares of no par value | | |instrument, type of instrument | | | | | | | |Identification Code | | | | | ISIN: CA2354991002 | +---+---------------------------------------+----------------------------------+ |b) |Nature of the transaction |Exercise of common share purchase | | | |warrants | +---+---------------------------------------+----------------------------------+ |c) |Price(s) and volume |12,500 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 12,500 common shares | +---+---------------------------------------+----------------------------------+ |d) |Aggregated information |12,500 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 12,500 common shares | +---+---------------------------------------+----------------------------------+ |e) |Date of the transaction |10 October 2017 | +---+---------------------------------------+----------------------------------+ |f) |Place of the transaction |Outside a trading venue | +---+---------------------------------------+----------------------------------+
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
+---+--------------------------------------------------------------------------+ |1. |Details of the person discharging managerial responsibilities/person | | |closely associated | +---+---------------------------------------+----------------------------------+ |a) |Name: |Marla Gale | +---+---------------------------------------+----------------------------------+ |2. |Reason for the notification | | +---+---------------------------------------+----------------------------------+ |a) |Position/status: |VP, Communications | +---+---------------------------------------+----------------------------------+ |b) |Initial notification/Amendment: |Initial Notification | +---+---------------------------------------+----------------------------------+ |3. |Details of the issuer, emission | | | |allowance market participant, auction | | | |platform, auctioneer or auction monitor| | +---+---------------------------------------+----------------------------------+ |a) |Name: |Dalradian Resources Inc. | +---+---------------------------------------+----------------------------------+ |b) |LEI: |N/A | +---+---------------------------------------+----------------------------------+ |4. |Details of the transaction(s): section | | | |to be repeated for (i) each type of | | | |instrument; (ii) each type of | | | |transaction; (iii) each date; and (iv) | | | |each place where transactions have been| | | |conducted | | +---+---------------------------------------+----------------------------------+ |a) |Description of the financial |Common Shares of no par value | | |instrument, type of instrument | | | | | | | |Identification Code | | | | | ISIN: CA2354991002 | +---+---------------------------------------+----------------------------------+ |b) |Nature of the transaction |Exercise of common share purchase | | | |warrants | +---+---------------------------------------+----------------------------------+ |c) |Price(s) and volume |28,750 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 28,750 common shares | +---+---------------------------------------+----------------------------------+ |d) |Aggregated information |28,750 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 28,750 common shares | +---+---------------------------------------+----------------------------------+ |e) |Date of the transaction |10 October 2017 | +---+---------------------------------------+----------------------------------+ |f) |Place of the transaction |Outside a trading venue | +---+---------------------------------------+----------------------------------+
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
+---+--------------------------------------------------------------------------+ |1. |Details of the person discharging managerial responsibilities/person | | |closely associated | +---+---------------------------------------+----------------------------------+ |a) |Name: |James Rutherford | +---+---------------------------------------+----------------------------------+ |2. |Reason for the notification | | +---+---------------------------------------+----------------------------------+ |a) |Position/status: |Chairman of the Board | +---+---------------------------------------+----------------------------------+ |b) |Initial notification/Amendment: |Initial Notification | +---+---------------------------------------+----------------------------------+ |3. |Details of the issuer, emission | | | |allowance market participant, auction | | | |platform, auctioneer or auction monitor| | +---+---------------------------------------+----------------------------------+ |a) |Name: |Dalradian Resources Inc. | +---+---------------------------------------+----------------------------------+ |b) |LEI: |N/A | +---+---------------------------------------+----------------------------------+ |4. |Details of the transaction(s): section | | | |to be repeated for (i) each type of | | | |instrument; (ii) each type of | | | |transaction; (iii) each date; and (iv) | | | |each place where transactions have been| | | |conducted | | +---+---------------------------------------+----------------------------------+ |a) |Description of the financial |Common Shares of no par value | | |instrument, type of instrument | | | | | | | |Identification Code | | | | | ISIN: CA2354991002 | +---+---------------------------------------+----------------------------------+ |b) |Nature of the transaction |Exercise of common share purchase | | | |warrants | +---+---------------------------------------+----------------------------------+ |c) |Price(s) and volume |62,500 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 62,500 common shares | +---+---------------------------------------+----------------------------------+ |d) |Aggregated information |62,500 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 62,500 common shares | +---+---------------------------------------+----------------------------------+ |e) |Date of the transaction |10 October 2017 | +---+---------------------------------------+----------------------------------+ |f) |Place of the transaction |Outside a trading venue | +---+---------------------------------------+----------------------------------+
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
+---+--------------------------------------------------------------------------+ |1. |Details of the person discharging managerial responsibilities/person | | |closely associated | +---+---------------------------------------+----------------------------------+ |a) |Name: |Sean Roosen | +---+---------------------------------------+----------------------------------+ |2. |Reason for the notification | | +---+---------------------------------------+----------------------------------+ |a) |Position/status: |Director | +---+---------------------------------------+----------------------------------+ |b) |Initial notification/Amendment: |Initial Notification | +---+---------------------------------------+----------------------------------+ |3. |Details of the issuer, emission | | | |allowance market participant, auction | | | |platform, auctioneer or auction monitor| | +---+---------------------------------------+----------------------------------+ |a) |Name: |Dalradian Resources Inc. | +---+---------------------------------------+----------------------------------+ |b) |LEI: |N/A | +---+---------------------------------------+----------------------------------+ |4. |Details of the transaction(s): section | | | |to be repeated for (i) each type of | | | |instrument; (ii) each type of | | | |transaction; (iii) each date; and (iv) | | | |each place where transactions have been| | | |conducted | | +---+---------------------------------------+----------------------------------+ |a) |Description of the financial |Common Shares of no par value | | |instrument, type of instrument | | | | | | | |Identification Code | | | | | ISIN: CA2354991002 | +---+---------------------------------------+----------------------------------+ |b) |Nature of the transaction |Exercise of common share purchase | | | |warrants | +---+---------------------------------------+----------------------------------+ |c) |Price(s) and volume |62,500 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 62,500 common shares | +---+---------------------------------------+----------------------------------+ |d) |Aggregated information |62,500 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 62,500 common shares | +---+---------------------------------------+----------------------------------+ |e) |Date of the transaction |10 October 2017 | +---+---------------------------------------+----------------------------------+ |f) |Place of the transaction |Outside a trading venue | +---+---------------------------------------+----------------------------------+
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
+---+--------------------------------------------------------------------------+ |1. |Details of the person discharging managerial responsibilities/person | | |closely associated | +---+---------------------------------------+----------------------------------+ |a) |Name: |Patrick Downey | +---+---------------------------------------+----------------------------------+ |2. |Reason for the notification | | +---+---------------------------------------+----------------------------------+ |a) |Position/status: |Director | +---+---------------------------------------+----------------------------------+ |b) |Initial notification/Amendment: |Initial Notification | +---+---------------------------------------+----------------------------------+ |3. |Details of the issuer, emission | | | |allowance market participant, auction | | | |platform, auctioneer or auction monitor| | +---+---------------------------------------+----------------------------------+ |a) |Name: |Dalradian Resources Inc. | +---+---------------------------------------+----------------------------------+ |b) |LEI: |N/A | +---+---------------------------------------+----------------------------------+ |4. |Details of the transaction(s): section | | | |to be repeated for (i) each type of | | | |instrument; (ii) each type of | | | |transaction; (iii) each date; and (iv) | | | |each place where transactions have been| | | |conducted | | +---+---------------------------------------+----------------------------------+ |a) |Description of the financial |Common Shares of no par value | | |instrument, type of instrument | | | | | | | |Identification Code | | | | | ISIN: CA2354991002 | +---+---------------------------------------+----------------------------------+ |b) |Nature of the transaction |Exercise of common share purchase | | | |warrants | +---+---------------------------------------+----------------------------------+ |c) |Price(s) and volume |80,000 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 80,000 common shares | +---+---------------------------------------+----------------------------------+ |d) |Aggregated information |80,000 common share purchase | | | |warrants exercised at $1.04 for | | | |the issue of 80,000 common shares | +---+---------------------------------------+----------------------------------+ |e) |Date of the transaction |10 October 2017 | +---+---------------------------------------+----------------------------------+ |f) |Place of the transaction |Outside a trading venue | +---+---------------------------------------+----------------------------------+
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Dalradian Resources Inc. via GlobeNewswire
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