Empire Metals Limited Exercise of Warrants & Issue of Equity (1098V)
29 Noviembre 2023 - 9:32AM
UK Regulatory
TIDMEEE
RNS Number : 1098V
Empire Metals Limited
29 November 2023
Empire Metals Limited / LON : EEE / Sector: Natural
Resources
29 November 2023
Empire Metals Limited
("Empire " or the "Company")
Exercise of Warrants & Issue of Equity
Empire Metals Limited (LON: EEE), the AIM-quoted resource
exploration and development company, announces that it has received
notification from a warrant holder to exercise warrants over
1,876,553 new ordinary shares of no par value in the share capital
of the Company (the 'New Ordinary Shares') at a price of 1.3 pence
per share. Accordingly, the Company has today issued the New
Ordinary Shares to the warrant holders for an aggregate cash value
of GBP24,395.
Application for Admission
Application will be made to the London Stock Exchange for the
new shares to be admitted to trading on AIM ('Admission'). It is
expected that Admission will become effective on or around 5
December 2023.
Following Admission of the new shares as described above, the
issued share capital of the Company will consist of 569,240,921
ordinary shares of no-par value. 569,240,921 represents the total
number of voting rights in the Company and may be used by
shareholders as the denominator for the calculations by which they
can determine if they are required to notify their interest in, or
a change to their interest in the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
**ENDS**
For further information please visit www.empiremetals.co.uk or contact:
Empire Metals Ltd Tel: 020 4583 1440
Shaun Bunn / Greg Kuenzel
S. P. Angel Corporate Finance LLP Tel: 020 3470 0470
(Nomad & Broker)
Ewan Leggat / Adam Cowl
-------------------
Shard Capital Partners LLP (Joint Tel: 020 7186 9950
Broker)
Damon Heath
-------------------
St Brides Partners Ltd (Financial Tel: 020 7236 1177
PR)
Susie Geliher / Ana Ribeiro / Max
Bennett
-------------------
About Empire Metals Limited
Empire Metals is an AIM-listed (LON: EEE) exploration and
resource development company with a project portfolio comprising
copper, titanium and gold interests in Australia and Austria.
The Company's strategy is to develop a pipeline of projects at
different stages in the development curve. Its current focus is on
the Pitfield Project in Western Australia, which has demonstrated
to contain a newly recognised giant mineral system that hosts a
globally significant titanium discovery. The Company is also
advancing the Eclipse-Gindalbie Project in Western Australia, which
is prospective for high-grade gold and also kaolin used to produce
high-purity alumina, an essential component in lithium-ion
batteries.
The Company also has two further exploration projects in
Australia; the Walton Project in Western Australia, and the Stavely
Project in the Stavely Arc region of Victoria, in addition to three
precious metals projects located in a historically high-grade gold
producing region of Austria.
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END
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(END) Dow Jones Newswires
November 29, 2023 10:32 ET (15:32 GMT)
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