Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Issue of Equity

26th Sep 2014 07:00

RNS Number : 6701S
Alexander Mining PLC
26 September 2014
 



 

Alexander Mining plc

 

("Alexander" or the "Company")

 

Issue of Equity

 

The Company announces that it has issued a total of 730,369 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 Company's nominated adviser, Northland Capital Partners Limited, has been issued with 222,222 ordinary shares and 88,889 ordinary shares have been issued to the Company's investor relations consultant, Britton Financial PR. These ordinary shares were issued at a price of 3.375p per share, being the closing mid-market price on 30 June 2014, being the final business day of the period to which such fees relate. The Company has also issued a further 419,258 ordinary shares at a price of 5.068p per share to a consultant in respect of the provision of investor relation services in Europe.

 

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 2 October 2014. Following admission of the Ordinary Shares, the Company will have a total of 176,319,379 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

Matthew Johnson / Lauren Kettle

+44 (0) 20 7382 1100

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
 
 
IOEQELFLZKFFBBV

Related Shares:

eEnergy Group
FTSE 100 Latest
Value8,479.87
Change16.41