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Issue of Equity

2nd Aug 2013 07:00

RNS Number : 7737K
Alexander Mining PLC
02 August 2013
 

 

Alexander Mining plc

 

("Alexander" or the "Company")

 

Issue of Equity

 

The Company announces that it has issued 617,143 new ordinary shares of 0.1p each (the "Ordinary Shares") in lieu of fees, generated in the ordinary course of business, due to advisers and consultants. The Ordinary Shares were issued at a price of 2.625p per share, being the closing mid-market price on 28 June 2013, being the business day prior to commencement of the period to which such fees relate.

 

The Company's nominated adviser, Northland Capital Partners Limited, has been issued with 342,857 Ordinary Shares and 274,286 Ordinary Shares have been issued to the Company's investor relations consultant, Britton Financial PR.

 

Application has been made to the London Stock Exchange for admission to trading on AIM of the Ordinary Shares and dealings are expected to commence on 7 August 2013. Following admission of the new Ordinary Shares, the Company will have a total of 169,746,861 ordinary shares in issue with each share carrying the right to one vote.

 

 

Enquiries:

 

Martin Rosser

Chief Executive

Mobile: +44 (0) 7770 865 341

Matt Sutcliffe

Executive Chairman

Mobile: +44 (0) 7887 930 758

Alexander Mining plc

1st Floor

35 Piccadilly

London

W1J 0DW

Tel: +44 (0) 20 7292 1300

Fax: +44 (0) 20 7292 1313

Email: [email protected]

Website: www.alexandermining.com

Nominated Adviser and Broker

Northland Capital Partners Limited

Louis Castro / Lauren Kettle

+44 (0) 20 7796 8800

Public / Media Relations

Britton Financial PR

Tim Blackstone

+44 (0) 20 7242 9786

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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