Empire Metals Limited Holding(s) in Company (8196C)
October 21 2020 - 9:00AM
UK Regulatory
TIDMEEE
RNS Number : 8196C
Empire Metals Limited
21 October 2020
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
21 October 2020
Empire Metals Limited ('Empire' or the 'Company')
Holdings Announcement
Empire Metals Limited, the AIM-quoted resource exploration and
development company received notification on 20 October from Stuart
Packwood that as a result of the placing announced by the Company
in September 2020, Mr Packwood's holding increased from 28,230,393
to 29,207,112 ordinary shares of no par value in the capital of the
Company ("Ordinary Shares") representing 11.53% of the issued share
capital.
The Company has been notified that as of today Mr Packwood is
now interested in 27,750,000 Ordinary Shares, representing 10.96%
of the issued share capital and voting rights of the Company.
**ENDS**
For further information please visit www.empiremetals.co.uk or
contact:
Mike Struthers Empire Metals Ltd Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Soltan Tagiev S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 020 7186
LLP 9950
Susie Geliher St Brides Partners Ltd PR Tel: 020 7236
1177
Beth Melluish St Brides Partners Ltd PR Tel: 020 7236
1177
About Empire Metals Limited
Empire Metals' primary focus is on the Eclipse Gold Project in
Western Australia which produced 954 tonnes @ 24.6 g/t Au for
754.25 oz Au from the Eclipse shaft which operated up to 1910. In
addition to the known mineralisation at and surrounding the Eclipse
old workings, recent geophysics and geochemistry work has
highlighted further potential mineralisation at two additional
targets north-west of Eclipse, the Houdini and Easy prospects.
The Company also has a 50% joint venture in Georgia which covers
an area of over 860 sq km and has a 30-year mining licence. The
joint venture covers a variety of targets and projects ranging from
greenfield exploration / target definition phase through
intermediate target-testing phases to more advanced projects
including Kvemo Bolnisi East which is due to advance to Feasibility
Study.
The Board continues to evaluate opportunities through which to
realise the value of its wider portfolio and reviews further assets
which meet the Company's investment criteria.
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END
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