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Alien Metals Limited (LSE AIM:UFO), a minerals exploration and development company, is pleased to announce that following the legal registration to acquire the Nueva Andromeda Permit next to San Celso, Mexico (as announced on 2 February 2021), it has issued 100,000 ordinary shares of no par value in the capital if the Company at an issue price of £0.00975p per share (“New Ordinary Shares”), to the two vendors under the terms of the option agreement (the “Option Agreement”). Under the Option Agreement, the Company has also agreed that should it exercise its option to acquire the permits in the future it will pay the vendors US$100,000 in cash. The New Ordinary Shares will rank pari passu with the existing ordinary shares in issue and application will be made to the London Stock Exchange for 100,000 New Ordinary Shares to be admitted to trading on AIM. Admission of the New Ordinary Shares is expected to become effective at 08.00 on or around 17 February 2021.