BMN.GB Bushveld Minerals Limited

TIDMBMN

RNS Number : 7364X

Bushveld Minerals Limited

31 August 2022

31 August 2022

Bushveld Minerals Limited

("Bushveld Minerals", "Bushveld" or the "Company")

Total Voting Rights

In accordance with the Disclosure Guidance and Transparency Rules (DTR 5.6), Bushveld makes the following disclosure with respect to the share capital and voting rights of the Company.

As at today's date, the share capital of the Company comprises 1,266,941,344 ordinary shares in issue, 670,000 of which are held in treasury. Therefore, the total number of ordinary shares with voting rights is 1,266,271,344. This is consistent with the announcement made on 8 August 2022.

Shareholders should use the figure of 1,266,271,344 as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the voting rights of the Company, under the FCA's Disclosure and Transparency Rules.

ENDS

Enquiries: info@bushveldminerals.com

 
                                                             +27 (0) 11 268 
Bushveld Minerals Limited                                     6555 
Fortune Mojapelo, Chief Executive 
 Officer 
Chika Edeh, Head of Investor Relations 
 
                                         Nominated Adviser   +44 (0) 20 3470 
SP Angel Corporate Finance LLP            & Broker            0470 
Richard Morrison / Charlie Bouverat 
Grant Baker / Richard Parlons 
 
Tavistock                                Financial PR 
Gareth Tredway / Tara Vivian-Neal                            +44 (0) 207 920 
 / Adam Baynes                                                3150 
 

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is a low-cost, vertically integrated primary vanadium producer. It is one of only three operating primary vanadium producers, owning 2 of the world's 4 operating primary vanadium processing facilities. In 2021, the Company produced 3,592 mtV, representing approximately 3% of the global vanadium market. With a diversified vanadium product portfolio serving the needs of the steel, energy and chemical sectors, the Company participates in the entire vanadium value chain through its two main pillars: Bushveld Vanadium, which mines and processes vanadium ore; and Bushveld Energy, an energy storage solutions provider. Bushveld Vanadium is targeting to materially grow its vanadium production and achieve an annualised steady state production run rate of between 5,000 mtVp.a. and 5,400 mtVp.a by the end of 2022. Growth plans to expand to 8,000 mtVp.a. will be pursued, subject to funding and market conditions.

Bushveld Energy is focused on developing and promoting the role of vanadium in the growing global energy storage market through the advancement of vanadium-based energy storage systems, specifically Vanadium Redox Flow Batteries ("VRFBs")

Detailed information on the Company and progress to date can be accessed on the website www.bushveldminerals.com

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END

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August 31, 2022 03:35 ET (07:35 GMT)

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