Sign up United Kingdom
AfriTin Mining Ltd (LON:ATM)

AfriTin Mining Ltd (LON:ATM)

Share Price
3.55 p
0.35 (10.94 %)
Market Cap
£18.45 m
Proactive Investors - Run By Investors For Investors

AfriTin Mining Ltd RNS Release

Exercise of Warrants

RNS Number : 2144D
AfriTin Mining Ltd
29 January 2018

AfriTin Mining Limited

("AfriTin" or the "Company")

Exercise of Warrants

AfriTin has received notice from Bushveld Minerals Limited ("Bushveld") that a warrant holder has exercised its warrants over Bushveld warrants. In accordance with the terms of the Demerger Agreement between Bushveld and AfriTin dated 8 November 2017, the warrant holder is also entitled at the time of exercise to exercise the same number of warrants in AfriTin, for nil consideration, subject to the demerger ratio of 0.0899. Accordingly, the warrant holder is now entitled to 15,789 Ordinary Shares ("New Ordinary Shares") in AfriTin.

Application has been made to admit the New Ordinary Shares to trading on AIM and it is anticipated that the application will be effected and dealings will commence on 2 February 2018.

Following the issue of the shares, the total number of shares in issue on Admission will be 297,482,025 Ordinary Shares of no par value.  There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, AfriTin under the Disclosure and Transparency Rules.


AfriTin Limited

Anthony Vijoen (CEO)

+27 (11) 268 6555

Nominated Adviser and Broker

WH Ireland Limited

Katy Mitchell

Adrian Hadden

James Sinclair-Ford


Joint Broker 

Beaufort Securities Limited

Jon Belliss



+44 (0) 207 220 1666





+44 (0) 207 382 8300


Financial Public Relations


Jos Simson / Barney Hayward

+44 (0) 207 920 3150


This information is provided by RNS
The company news service from the London Stock Exchange

AfriTin Mining Ltd Timeline

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use