("All Star" or "the Company")
The board of All Star provides its quarterly update.
Since the last quarterly update on
Holding in NQ Minerals Plc
The board notes the further progress of NQ Minerals plc (“NQ”), a company in which All Star holds 5,519,545 shares, representing 1.96% of its issued share capital.
In November, NQ announced that it had raised £150,000 through the issue of 1,764,706 ordinary shares at 8.5p. In addition NQ stated that £28,000 worth of convertible loan notes had been converted into 350,000 ordinary shares at a conversion price of 8p each. Also in the same month, two highly significant announcements were made with respect to NQ’s wholly owned
Firstly, the much awaited Competent Persons Report (“CPR”) was published on the
Further positive news was the confirmation that the mine permit had been granted following submission of an Environmental Management Plan to the
The Directors of All Star are responsible for the contents of this announcement.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014, and has been arranged for release by
NEX Corporate Adviser
020 7213 0880