29th Jan 2013 12:47
Alexander Mining plc
("Alexander" or the "Company")
Issue of Equity
The Company announces that it has issued 416,842 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 4.75p per share, being the closing mid-market price on 25 January 2013, being the business day upon which agreement was reached to issue the shares in lieu of fees.
Of the newly issued shares, 189,474 shares were issued to the Company's Nominated Advisor, Northland Capital Partners Limited, while 227,368 shares were issued to its 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 4 February 2013. Following admission of the New Ordinary Shares, the Company will have a total of 143,070,051 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 |
Related Shares:
eEnergy Group