NQ Minerals PLC - Issue of Equity
RNS Number : 8886N
NQ Minerals PLC
23 January 2019
 

23 January 2019

 

NQ Minerals Plc

(the "Company" or "NQ Minerals")

 

Issue of Equity

 

NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), mineral processing, exploration and mining company is pleased to announce that it has issued 1,290,909 new ordinary shares at a price equivalent to 11 pence per share to raise GBP142,000 for working capital purposes.

Following the issue of the new shares, the Company has 323,408,456 ordinary shares of 0.1p each in issue, each carrying the right to one vote.

The above figure of 323,408,456 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.

 

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About NQ Minerals

 

NQ Minerals is an Australia-based mining company which commenced production in Q4 2018 at its flagship Hellyer Gold MineThe Company anticipates strong cash-flow and profitability from Hellyer and has a portfolio of exciting exploration prospects. 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

Colin Sutherland, Chief Financial Officer

+ 1 (416) 452 2166 (North America)





Daniel Stewart & Company Plc


Richard Potts

+ 44 (0) 20 7776 6550

Daphne Zhang




Beaumont Cornish Limited


Roland Cornish, Chairman

+ 44 (0) 20 7628 3396

James Biddle

www.beaumontcornish.com



 

 

 

 

 


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