Anglesey Mining Plc - Issue of Equity
PR Newswire
LONDON, United Kingdom, November 11
Trading Symbol
AIM: AYM
11 November 2024
Anglesey Mining plc
("Anglesey" or "the Company")
Issue of Equity
Anglesey Mining plc (AIM:AYM), announces that it has issued a total of 1,229,238 new ordinary shares of 1p each in the Company ("New Ordinary Shares") in satisfaction of amounts owing to certain suppliers, at a price of 1p per share.
Application has been made for the New Ordinary Shares, which will rank pari passu with all existing ordinary shares in the Company, to be admitted to trading on AIM ("Admission"). Admission is expected to take place on 14 November 2024.
The Company has no ordinary shares held in treasury and, as a result, the total number of voting rights in the Company following Admission will be 484,822,255.
For further information, please contact:
Anglesey Mining plc
Rob Marsden, Chief Executive Officer - Tel: +44 (0)7531 475111
Andrew King, Interim-Chairman - Tel: +44 (0)7825 963700
Davy
Nominated Adviser & Joint Corporate Broker
Brian Garrahy / Daragh O'Reilly - Tel: +353 1 679 6363
Zeus Capital Limited
Joint Corporate Broker
Katy Mitchell / Harry Ansell - Tel: +44 (0)161 831 1512
LEI: 213800X8BO8EK2B4HQ71
About Anglesey Mining plc:
Anglesey is developing the 100% owned Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in North Wales, UK with a reported resource of 5.3 million tonnes at over 4.0% combined base metals in the Measured and Indicated categories and 10.8 million tonnes at over 2.5% combined base metals in the Inferred category.
Anglesey also holds a 49.75% interest in the Grängesberg iron ore project in Sweden and 12% of Labrador Iron Mines Holdings Limited, which through its 52% owned subsidiaries, is engaged in the exploration and development of direct shipping iron ore deposits in Labrador and Quebec.
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