Placing and Subscription & Appointment of Broker

25 February 2020


Alien Metals Ltd (‘Alien Metals’ or ‘the Company’), a minerals exploration and development company, is pleased to announce that it has conditionally raised £700,000, before expenses, in a Placing and Subscription of 466,666,666 new ordinary shares (‘Placing Shares’) at a price of 0.15 pence per share (the ‘Placing’). One warrant is to be issued with every three Placing Shares, exercisable at 0.30 pence for a period of two years from Admission of the Placing Shares (the ‘Placing Warrants’).