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Alien Metals Limited, a minerals exploration and development company, is pleased to announce that, following the receipt of an Exercise Notice, it has issued 8,142,373 ordinary shares of no par value in the capital of the Company at an issue price of 0.25 pence per share (“New Ordinary Shares”). 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 8,142,373 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 22 May 2023.
Following Admission, the Company will have 5,335,479,174 ordinary shares of no par value in issue. The Company has no shares in treasury, therefore the figure of 5,335,479,174 should be used by shareholders for the calculations by which they will determine if they are required to notify their interest in, or a change of their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.