Tertiary Minerals plc, the AIM traded company building a multi-commodity project portfolio, is pleased to announce it has received notice to exercise warrants over 5,000,000, new ordinary shares of 0.01 pence each in the Company.
The exercise price of the Warrant Shares is 0.275 pence per Warrant Share and subscription monies of £13,750.00 have been received by the Company.
The Warrant Shares will rank pari passu with the existing ordinary shares and application will be made to the London Stock Exchange for the Warrant Shares to be admitted to trading on AIM. It is expected that Admission will occur on or around Friday 12 February 2021.
Total Voting Rights
For the purposes of the Disclosure and Transparency Rules of the Financial Conduct Authority, the Board of Tertiary hereby notifies the market that, further to Admission, the Company’s issued share capital will consist of 1,107,072,445 ordinary shares with a nominal value of 0.01p each, with voting rights. The Company does not hold any ordinary shares in Treasury.
This figure of 1,107,072,445 ordinary shares may be used by Shareholders in the Company as denominator for the calculations by which they may determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
This announcement contains inside information as defined in Article 7 of EU Regulation 596/2014.
Further information:
Enquiries
Tertiary Minerals plc Patrick Cheetham, Executive Chairman Richard Clemmey, Managing Director
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+44 (0)1625 838 679 |
SP Angel Corporate Finance LLP
Nominated Adviser & Broker Richard Morrison/Caroline Rowe
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+44 (0)203 470 0470 |
Peterhouse Capital Limited
Joint Broker Lucy Williams/Duncan Vasey |
+44 (0)207 469 0930 |
Notes to Editors
Tertiary Minerals plc (ticker symbol ‘TYM’) is an AIM-traded mineral exploration company building and developing a multi-commodity project portfolio – Industrial minerals, base and precious metals.