Anglesey Mining Plc - Exercising of Energold Warrants
("Anglesey" or the "Company")
Exercising of Energold Warrants
Energold completed a strategic investment of £350,000 in Anglesey through the purchase of exchangeable warrants priced at
Anglesey's focus is now on development of its wholly owned
"We are pleased Energold has exercised all of its warrants; this further strengthens Anglesey's shareholder register and reflects continued confidence from its largest and longstanding shareholder. Together with the recently completed debt restructuring, this transaction marks another important step in reinforcing our financial position.
With a strengthened balance sheet, Anglesey is now able to
fully focus on delivering an exploration and development strategy for all our shareholders, at its 100%-owned
"I have supported
Application for Admission
Application will be made for the 4,607,081 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the new Ordinary Shares will commence on AIM at
Following Admission, the Company's issued share capital will comprise 53,089,307 Ordinary Shares. This figure may be used by shareholders as the denominator for calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the
For further information, please contact:
Davy
Nominated Adviser & Joint Corporate Broker
LEI: 213800X8BO8EK2B4HQ71