17 March
2023
ALTONA RARE EARTHS
PLC
(“Altona” or “the Company”)
Update on
Admission
Altona Rare Earths Plc (AQSE: ANR.PL), a mining exploration
company focused on the development of a significant Rare Earth
Elements mining project in Africa,
today provides an update further to the announcement of
10 March 2023 where the Company
stated it expected admission to trading on the London Stock
Exchange (“Admission”) would take place at 8.00 a.m. on Monday 20 March 2023. The
Company is still working with its advisers to finalise its
prospectus for approval by the Financial Conduct Authority (“FCA”)
and therefore Admission will not take place on the expected
date. A further update will be provided once the date of
Admission, currently expected to be towards the end of March 2023, is confirmed.
The Company also confirms that, as a first step in the
transition process to the London Stock Exchange, its shares will
cease trading on the AQSE Growth Market (“AQSE”) at 4.30 p.m. on Friday 17 March.
-ends-
For more information please
contact:
Altona Rare Earths Plc
Christian Taylor-Wilkinson, Chief
Executive
+44 (0) 7795 168 157
Martin Wood, Non-Executive
Chairman
+44 (0) 7880 787 080
Alfred Henry Corporate Finance (AQSE Corporate
Adviser) +44 (0) 20
3772 0021
Nick
Michaels
Optiva Securities (Broker)
+44 (0) 20 3411 1882
Daniel
Ingram
Novum Securities Ltd (Financial
Adviser)
+44 (0)20 7399 9400
David Coffman/ Dan Harris/ George
Duxberry
Yellow Jersey PR (Financial
PR)
+44 (0) 333 003 0046
Sarah Hollins
Annabelle Wills
Jazmine Clemens
About Altona Rare Earths Plc
Altona is a mining exploration company focused on evaluating,
developing and extracting Rare Earths in Africa.
Rare Earths are a group of 17 chemical elements, many of which
are critical to the world’s on-going transition to carbon-based to
renewable energies, and to the defence and communication
industries.
The Company currently focuses on the development of its flagship
Magnet Rare Earths Monte Muambe, located in NW Mozambique. The project’s acquisition was
made in June 2021, and the Company
has so far drilled over 7,000m to
support its maiden JORC Mineral Resource Statement to be published
in Q2 2023.
Altona continues to take advantage of its position in
Africa to assess other possible
Rare Earths opportunities on the continent.
For more information visit: www.altonaRE.com