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Issue of Equity

26th Jan 2015 07:00

RNS Number : 0857D
Alexander Mining PLC
26 January 2015
 

 

 

26 January 2015

 

Alexander Mining plc

 

("Alexander" or the "Company")

 

Issue of 5,000,000 fee shares

 

 

The Company announces that it has issued a total of 5,000,000 new ordinary shares to an adviser and consultant to the Company in respect of fees generated in the ordinary course of business (the "Fee Shares"). The Fee Shares have been issued at a price of 0.60p per share, being the mid-market closing price on 22 January 2015, to Cove House Investments Limited, or its nominees, in respect of consultancy and advisory services received in connection with the commercialisation of Alexander's intellectual property.

 

Application has been made to the London Stock Exchange for admission of the Fee Shares to trading on AIM and dealings are expected to commence on 29 January 2015. Following admission of the Fee Shares, the Company will have a total of 255,910,288 ordinary shares in issue with each share carrying the right to one vote.

 

 

Enquiries:

 

Martin Rosser

Chief Executive Officer

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

Northland Capital Partners Limited

Nominated Adviser and Joint Broker

Matthew Johnson / Gerry Beaney

+44 (0) 20 7382 1100 

 

Hume Capital Securities plc

Joint Broker

Guy Peters / Abigail Wayne

+44 (0) 20 3693 1470

 

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