NQ Minerals PLC - Conversion of Loan Notes
RNS Number : 2680J
NQ Minerals PLC
28 March 2018
 

28 March 2018

 

NQ Minerals Plc

(the "Company" or "NQ Minerals")

Conversion of Loan Notes

NQ Minerals Plc (NEX: NQMI) (OTCQB: NQMLF), an Australia-based exploration and mining company, is pleased to announce that a holder of the Company's convertible loan notes has exercised their right to convert their loan note (including interest) of £17,920 into 224,000 ordinary shares of 0.1p each in the Company at a price of 8p per share.

Following the issue of the new shares, the Company has 287,421,024 ordinary shares of 0.1p each in issue, each carrying the right to one vote.

 

The above figure of 287,421,024 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 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 Development

+ 44 (0) 20 3637 6522 (UK)

 

 

+ 1 (604) 506 6502 (North America)

 

Daniel Stewart & Company Plc

 

 

Richard Potts

 

+ 44 (0) 20 7776 6596

 

Nikhil Varghese

+ 44 (0) 20 7776 6571

 

 

IFC Advisory Ltd

 

 

Graham Herring

 

+44 (0) 20 3934 6630

 

Tim Metcalfe

 

+44 (0) 20 3934 6630

Miles Nolan

 

+44 (0) 20 3934 6630

 

 

 

 

 

 


This information is provided by RNS
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