DJ NQ Minerals PLC Issue of Equity
RNS Number : 9009F
NQ Minerals PLC
23 May 2017
23 May 2017
NQ Minerals Plc
(the "Company" or "NQ Minerals"; NEX:NQMI)
Issue of Equity, Director Dealing and Total Voting Rights
NQ Minerals announces that it has issued 9,321,968 new shares to raise approximately GBP751,405 for general working capital purposes. Following the issue of the new shares, the Company has 250,342,290 ordinary shares of 0.1p each in issue, each share carrying the right to one vote.
Prior to his appointment as the CFO of the Company, Mr. Sutherland subscribed USD $500,000 for 4,807,692 ordinary shares of 0.1p each in the Company at a price equivalent to 8p per share. This represents 1.92% of the issued share capital of the Company.
The above figure of 250,342,290 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
About NQ Minerals:
NQ Minerals is an Australia-based exploration and mining company, focusing on projects where past exploration work has established the presence of mineral occurrences. The Company's management team has decades of experience in the exploration and production of gold, silver and a variety of base metals. Please visit our website at www.nqminerals.com.
For further information, please contact:
NQ Minerals Plc Brian Stockbridge, Non - Executive Chairman +44 (0) 7876 888011 Kris Kottmeier, VP Corporate +44 (0) 20 3637 6522 Development (UK) +1 (604) 506 6502 (North America) Daniel Stewart & Company Plc Richard Potts +44 (0) 20 7776 6550 Yellow Jersey PR Alistair de Kare-Silver +44 (0) 782 591 6715 Joe Burgess +44 (0) 782 591 6715
This information is provided by RNS
The company news service from the London Stock Exchange
(END) Dow Jones Newswires
May 23, 2017 02:30 ET (06:30 GMT)