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Amur Minerals Corp - Conversion of Loan and Issue of Equity

RNS Number : 6777R
Amur Minerals Corporation
30 October 2019
 


30 October 2019

 

AMUR MINERALS CORPORATION

(AIM: AMC)

 

Conversion of Loan and Issue of Equity

 

 

Amur Minerals Corporation ("Amur" or the "Company"), the nickel-copper sulphide mineral exploration and resource development company focused on the far east of Russia, announces that, pursuant to the convertible loan agreement entered into on 22 March 2019, the Company has today issued 16,278,354 ordinary shares of no par value of the Company ("Ordinary Shares") to Cuart Investments PCC Ltd and YA II PN Ltd in settlement of US$316,879 of principal and accrued interest.

 

Application will be made to the London Stock Exchange plc for 16,278,354 new Ordinary Shares to be admitted to trading on the AIM market ("Admission") with Admission expected to occur on or around 5 November 2019. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares including the right to receive any dividend or other distribution thereafter declared, made or paid.  There are no Ordinary Shares held in treasury. Following Admission, the total number of voting rights in the Company will be 765,367,038.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

 

 

Company

Amur Minerals Corp.

Nomad and Broker

S.P. Angel Corporate Finance LLP

Public Relations

Blytheweigh

Robin Young CEO

Richard Morrison

Soltan Tagiev

Megan Ray

Tim Blythe

+7 (4212) 75 56 15

+44 (0) 20 3470 0470

+44 (0) 20 7138 3203

 

For additional information on the Company, visit the Company's website, www.amurminerals.com.

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Amur Minerals Corp.

Price: 1.8

Market: LSE
Market Cap: £23.31 m
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