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First Class Metals #FCM – Exercise of Warrants and Issue of Equity
Exercise of Warrants and Issue of Equity
First Class Metals PLC (LSE:FCM) announces that it has received a notice to exercise warrants over a total of 125,000 Ordinary Shares (the “Warrant Shares”), for which funds of GBP15625.00 have been received by the Company.
Application will be made to the Financial Conduct Authority (“FCA”) for admission of the Ordinary Shares to the standard listing segment of the Official List and to trading on the London Stock Exchange’s Main Market for listed securities, with admission and dealings in the new shares expected to take place from 8.00am on 27th January 2023.
Following Admission, the Company’s issued share capital will consist of 70,094,589 Ordinary Shares with voting rights. This figure of 70,094,589 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Further Information:
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James Knowles, Executive Chairman |
07488 362641 |
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Marc J Sale, CEO |
07711 093532 |
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Ayub Bodi, Executive Director |
07860 598086 |
First Equity Limited
(Financial Adviser & Broker)
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Jonathan Brown |
0207 3742212 |
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Jason Robertson |
0207 3742212 |
PowerHouse Energy (PHE) Placing and Issue of Equity
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres, is pleased to announce an equity fund raising by way of a placing of 130,000,000 Ordinary shares of 0.5p each in the Company (“Ordinary Shares”) at 0.5p per Ordinary Share (the “Placing Price”) to raise £650,000 before expenses.
PowerHouse has undertaken this placing to provide it with the capital to ensure the continuity and expansion of its commercial and engineering efforts for the foreseeable future.
This placing, was carried out exclusively by Turner Pope Investments, with the majority of their clients looking to take advantage of the EIS relief for which the Company has recently received HMRC advanced assurance, and that should be available on the newly issued shares.
In addition to the placing, a holder of PHE warrants has chosen to exercise those warrants at 0.5p which will provide the Company with an additional £50,000 of capital from the exercise. That holder has committed to hold the 10,000,000 Ordinary Shares arising from the exercise for a period of at least 18 months.
Keith Allaun, CEO of the Company, said: “With this money secured, we are confident that we will be able to achieve our on-going commercial objectives as well as expand our testing and engineering capability with new personnel and with newly acquired, highly-specialised, equipment. We also intend to further enhance our IP protection related to the DMG® System and EcoSynthesis Gas© production.”
Application will be made for the admission of 140,000,000 Ordinary Shares to trading on AIM and it is expected that this will occur on or around 10 December 2018. These shares will rank pari passu in all respects with the Company’s existing issued Ordinary Shares.
Subsequent to the issue of Ordinary Shares, the Company will have 1,856,431,621?Ordinary Shares in issue. PowerHouse has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
For more information, contact:
PowerHouse Energy Group plc
Keith Allaun, Chief Executive Officer
Tel: +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser)
James Joyce / Chris Viggor
Tel: +44 (0) 207 220 1666
Turner Pope Investments (TPI) Ltd (Sole Broker)
Andy Thacker
Tel: +44 (0) 203 621 4120
Ikon Associates (Media enquiries)
Adrian Shaw
Tel: +44 (0) 1483 271291
Mob: +44 (0) 7979 900733
About PowerHouse Energy
PowerHouse Energy has developed a proprietary process technology – DMG® – which can utilise waste plastic, end-of-life-tyres, and other waste streams to efficiently and economically convert them into EcoSynthesis Gas© from which valuable products such as chemical precursors, hydrogen, electricity and other industrial products may be derived. The PowerHouse technology is one of the world’s first proven, modular, hydrogen from waste (HfW) processes.
The PowerHouse DMG® process can generate in excess of 1 tonne of road-fuel quality H2, and more than 28MW/h of exportable electricity per day with its low-carbon technology.
The PowerHouse process produces low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.
PowerHouse is quoted on the London Stock Exchange’s AIM Market under the ticker: PHE, and is incorporated in the United Kingdom.
For more information see www.powerhouseenergy.net
IMC Exploration Group Plc (IMCP) – Issue of Equity; Directors’ Interests
The board of IMC is pleased to announce that it has raised GBP 120,000 before expenses by way of a placing (the “Placing”) of 10,000,000 new ordinary shares of EUR0.001 each in the capital of the Company (“Ordinary Shares”) at a price of 1.2 pence per share (the “Placing Shares”). The total number of Ordinary Shares in issue following the Placing is 250,014,285.
The net proceeds of the Placing will be used to continue with IMC’s three main Projects: IMC’s study on PL 3850 on its spoils and tailings project in Avoca, Co. Wicklow, IMC’s north Wexford gold project and IMC’s zinc project in Tulla, Co. Clare.
The board has been advised that the new Chairman, Mr Eamon O’Brien, has subscribed for 4,340,000 of the Placing Shares. This will increase his shareholding in IMC from 1,900,000 (0.79%) to 6,240,000 Ordinary Shares, or 2.50%.
IMC further confirms that the directors’ shareholdings and their percentages of voting rights in the issued share capital of IMC as it has been enlarged by the Placing described above, are as follows:
| Name of Director | Number of Ordinary Shares | Percentage of Issued Share Capital |
| Eamon O’Brien | 6,240,000 | 2.50 |
| Dr. Glenn Millar | 3,600,001 | 1.44 |
| Laz Fleming | 3,615,001 | 1.45 |
| Kathryn Byrne | 1,025,000 | 0.41 |
Dublin, 3rd October 2018
The Directors of the issuer accept responsibility for this announcement.
Enquiries:
IMC Exploration Group Plc
Mr. Eamon O’Brien
Telephone (Ireland): +353 87 6183024
Keith, Bayley, Rogers & Co. Limited
Mr. Brinsley Holman
Telephone: +44 20 7464 4098
Mr. Graham Atthill-Beck
Telephone: +44 20 7464 4091/+44 750 643 4107/+971 50 856 9408
Powerhouse Energy Group #PHE Issue of Equity
PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and used tyres, announces that the Company is issuing 12,504,924 ordinary shares of 0.5p each in the Company (“Ordinary Shares”) to service providers for the settlement of fees. 11,707,317 of these Ordinary Shares are being issued at 0.5125p and 797,607 Ordinary Shares are being issued at 0.5015p in accordance with the terms of the relevant service agreements.
Application has been made for the admission of 12,504,924 Ordinary Shares to trading on AIM and it is expected that this will occur on or around 14 August 2018. These shares will rank pari passu in all respects with the Company’s existing issued Ordinary Shares.
Subsequent to the issue of Ordinary Shares, the Company will have 1,681,764,954 Ordinary Shares in issue.
PowerHouse has no shares in Treasury, therefore this figure may be used by Shareholders, from Admission, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
For more information, contact:
PowerHouse Energy Group plc Tel: +44 (0) 203 368 6399
Keith Allaun, Chief Executive Officer
WH Ireland Limited (Nominated Adviser) Tel: +44 (0) 207 220 1666
James Joyce / Chris Viggor
Turner Pope Investments Ltd (Joint Broker) Tel: +44 (0) 203 621 4120
Ben Turner / James Pope
Ikon Associates(Media enquiries) Tel: +44 (0) 1483 271291
Adrian Shaw Mob: +44 (0) 7979 900733
About PowerHouse Energy
PowerHouse Energy Group plc is the developer of DMG©, the distributed, modular, thermal conversion system which allows for the distributed eradication of waste, the generation of distributed electricity, and the production of distributed hydrogen with the world’s first small, modular, hydrogen from waste process (HfW).
The Company is focused on technologies to enable efficient energy recovery from municipal and industrial waste streams that would otherwise be directed to landfills and incinerators; or from renewable and alternative fuels such as biomass, tyres, and plastics for power generation, or the production of high-quality hydrogen as a fuel for transport. DMG© allows for easy, economical, deployment and scaling of an environmentally sound solution to the growing challenges of waste eradication, landfill diversion, electrical demand, and distributed hydrogen production.
The PowerHouse DMG© process can generate in excess of 1 tonne of road-fuel quality H2, and in excess of 28MW/h of exportable electricity per day.
The PHE process produces very low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community levels.
PowerHouse is quoted on the London Stock Exchange’s AIM Market. The Company is incorporated in the United Kingdom.
For more information see www.powerhouseenergy.net
Catenae Innovation #CTEA – Issue of Equity and Update Settlement Agreement for October 2016 Placing
Issue of Equity
Catenae (AIM: CTEA), the AIM quoted provider of digital media and technology, announces that it has agreed to issue a total of 118,833,332 new ordinary shares of 0.1 pence per share in the Company.
The Company has issued 41,666,666 new ordinary shares (Subscription Shares”) at a price of 0.12 pence per share raising gross proceeds of £50,000 in cash and will settle existing creditor balance of £83,000 through the issue of 29,166,666 Shares at 0.12 pence per share and 48,000,000 Shares at 0.1 pence per share.
The 118,833,332 new ordinary shares will rank pari passu with the existing ordinary shares of Catenae. Application will be made for the 118,833,332 ordinary shares to be admitted to trading on AIM, which is expected to occur on or around 11 July 2018.
Following the issue, Catenae will have in issue 2,078,601,652 ordinary shares with voting rights. The above figure may be used by shareholders 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 Company under the Disclosure and Transparency Rules.
Update Settlement Agreement for October 2016 Placing
The Company provides a further update to the announcement made on 16 February 2018 relating to a compromise agreement (“Compromise Agreement”) with City of London Markets Limited. City of London Markets Limited have now discharged their obligations under this agreement and the Company considers this matter closed.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. The person who arranged for release of this announcement on behalf of the Company was Tony Sanders (Chief Executive Officer).
For further information:
| Catenae Innovation Plc Tony Sanders |
Tel: 020 7929 7826 |
| Cairn Financial Advisers LLP, Nominated Adviser Liam Murray / Jo Turner |
Tel: 020 7213 0880 |
| Cornhill Capital, Broker Daniel Gee |
IMC Exploration Group #IMCP Issue of Equity; Directors’ Interests in Shares
SHARE PLACING; DIRECTORS’ INTERESTS IN VOTING RIGHTS
The board of IMC is pleased to announce that it has raised GBP 250,000 before expenses by way of a placing of 35,714,285 new ordinary shares of EUR0.001 each in the Company (“Ordinary Shares”) at a price of 0.7p per share (the “Placing Shares”) (the “Placing”). 7,142,857 warrants have been issued to subscribe for an additional 7,142,857 Ordinary Shares at a price of 1p per share, excercisable for three years from today. The total number of shares in issue following the Placing is 240,014,285.
The net proceeds of the Placing will be used to continue with IMC’s three main projects: IMC’s feasibility study on PL 3850 on its spoils and tailings project in Avoca, Co. Wicklow, IMC’s north Wexford gold project and IMC’s zinc project in Tulla, Co. Clare.
IMC further confirms that the directors’ shareholdings and their percentages of voting rights in the issued share capital of IMC, as it has been enlarged by the Placing described above, are as follows:
| DIRECTOR | NUMBER OF ORDINARY SHARES | PERCENTAGE OF ISSUED SHARE CAPITAL |
| Eamon O’Brien | 1,900,000 | 0.79 |
| Dr. Glenn Millar | 3,600,001 | 1.50 |
| Laz Fleming | 3,615,001 | 1.50 |
| Kathryn Byrne | 1,025,000 | 0.42 |
Dublin, 14th June 2018
The Directors of the issuer accept responsibility for this announcement.
Enquiries:
IMC Exploration Group Plc
Mr. Eamon O’Brien
Telephone (Ireland): +353 87 6183024
Keith, Bayley, Rogers & Co. Limited
Mr. Brinsley Holman
Telephone: +44 20 7464 4098
Mr. Graham Atthill-Beck
Telephone: +44 20 7464 4091/+44 750 643 4107