DJ NQ Minerals PLC Issue of Equity
RNS Number : 8573R
NQ Minerals PLC
26 September 2017
26 September 2017
NQ Minerals Plc
(the "Company" or "NQ Minerals")
Issue of Equity
NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), an Australia-based exploration and mining company, is pleased to announce that it has issued a further 9,174,132 ordinary shares to raise approximately GBP781,787 for working capital purposes. The Company issued 6,082,657 ordinary shares at 8.5p per share and 3,091,475 ordinary shares at a price equivalent to 10p per share.
The Company has also issued 4,000,000 new shares at 10p per share in respect of fees agreed with third parties for services in connection with introductions for further financing.
Following the issue of the new shares, the Company has 279,187,553 ordinary shares of 0.1p each in issue, each carrying the right to one vote.
The above figure of 279,187,553 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 Development 6522 (UK) + 1 (604) 506 6502 (North America) Beaumont Cornish Limited Roland Cornish, Chairman + 44 (0) 20 7628 James Biddle 3396 www.beaumontcornish.com Daniel Stewart & Company Plc + 44 (0) 20 7776 6596 Richard Potts + 44 (0) 20 7776 Nikhil Varghese 6571 Yellow Jersey PR + 44 (0) 7748 843 Felicity Winkles 871 + 44 (0) 7544 275 882 Harriet Jackson + 44 (0) 7951 402 Henry Wilson 336
This information is provided by RNS
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(END) Dow Jones Newswires
September 26, 2017 07:12 ET (11:12 GMT)