As a result of the announced Placing and Subscription, the debt due to Juno will be reduced from £3,518,000 million to £3,413,750 million. In accordance with the terms of the restructured working capital facility with Juno Limited announced on, Juno Limited converted further debt to equity by way of a direct subscription of Subscription Shares alongside the Placing capped at pro-rata ownership level. The net proceeds of the Placing will be applied to commence drilling of the Northern Copper Zone at Parys Mountain, continuing to advance the permitting and Environmental Impact and Social Assessment of Parys Mountain, commence baseline studies for the Grängesberg Iron Ore Mine and general working capital purposes. The Fundraising is conditional only on Admission. The Placing Shares were accompanied by one Investor Warrant, as detailed in the announcement of earlier today. The Placing comprises the placing of 33,333,329 new Ordinary Shares (the “Placing Shares”) with certain institutional and other investors at a price of 1.5 pence per share (the “Issue Price”), thereby raising £0.5m gross proceeds. The Placing raised, in aggregate, gross proceeds of £0.5m. (London time) on 25 July 2023, it has successfully completed and closed the Placing. (“Anglesey Mining”, “Anglesey”, the “Company” or the “Group”) (AIM:AYM)Īnglesey Mining Plc (AIM:AYM) is pleased to announce that, further to its announcement of 7 a.m. THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, SOLICITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF ANGLESEY MINING PLC IN ANY JURISDICTION WHERE TO DO SO WOULD BREACH ANY APPLICABLE LAW OR REGULATION. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT ITSELF CONSTITUTE A PROSPECTUS OR OFFERING MEMORANDUM OR AN OFFER FOR SALE OR SUBSCRIPTION IN RESPECT OF ANY SECURITIES IN THE COMPANY. ![]() ![]() THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR NEW ZEALAND OR IN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A BREACH OF ANY APPLICABLE LAW OR REGULATION. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds.Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so.Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body.Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services.Obtains access to the information in a personal capacity.I am a private investor* I am not a private investor *A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |