16th May 2013 13:52
16 May 2013
Alexander Mining plc
('Alexander' or the 'Company')
Issue of Equity
Further to the announcement earlier today regarding an improved Leaching Technology Licence Agreement with Metalvalue Limited ("Metalvalue"), the Company confirms that it has issued 6,666,667 new ordinary shares (the "Ordinary Shares") to Metalvalue in respect of its subscription of £200,000 into the Company at 3p per share. In addition, the Company announces that it has issued a further 618,000 new Ordinary Shares to a consultant to the Company as a commission payment in respect of new investors introduced to the Company as part of its recent fundraising (as announced on 28 March 2013) and in recognition of investor relations services provided.
Application will be made to the London Stock Exchange for admission to trading on AIM for a total of 7,284,667 new Ordinary Shares and dealings are expected to commence on 22 May 2013. Following admission of the new Ordinary Shares, the Company will have a total of 169,129,718 ordinary shares in issue with each share carrying the right to one vote.
For further information please contact:
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 |
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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