Ormonde Mining PLC Admission to Aquis Growth Market (2667L)
September 04 2023 - 3:28AM
UK Regulatory
TIDMORM
RNS Number : 2667L
Ormonde Mining PLC
04 September 2023
4 September 2023
Ormonde Mining plc
("Ormonde" or the "Company")
Admission to Aquis Growth Market
Ormonde Mining plc (AQSE: ORM) is pleased to announce that
472,507,482 ordinary shares of EUR0.01 each in the Company
("Ordinary Shares") have today been admitted to the Access Segment
of the Aquis Growth Market ("Admission").
The Ordinary Shares have been suspended from trading on the AIM
and Euronext Growth markets since 7 February 2023, and admission of
the Ordinary Shares to those markets will be cancelled with effect
from 07.00 a.m. on 5 September 2023 ("Cancellation"). Dealings in
the Ordinary Shares on the Aquis Growth Market are expected to
commence at 08.00 a.m. on 5 September 2023.
Ordinary Share Information
-- ISIN: IE00BF0MZF04
-- TIDM: ORM
-- SEDOL: BF0MZG1
Note: the ISIN, TIDM and SEDOL of the Company have not
changed.
About Ormonde
With effect from 5 September 2023, Ormonde will own an initial
36.2% controlling interest (under TSXV Rules) in TRU Precious
Metals Corp. (TSXV: TRU) ("TRU"), which is exploring for gold and
copper in the highly prospective Central Newfoundland Gold Belt in
Canada. Ormonde's funding will be used to fast-track the
advancement of TRU's Golden Rose Project as well as the evaluation
of other mineral property transaction opportunities.
Ormonde also owns a 20% interest in Peak Nickel Limited, which
is advancing exploration on a potentially significant battery
metals project.
After Admission, the Company intends to monitor its existing
investments, working with incumbent management to generate maximum
value from them. The Directors will also consider additional
investment opportunities as they arise.
Further information about the Company is available on its
website at www.ormondemining.com .
Significant shareholding
The Company has been notified of the following holding which
will, on Admission, represent more than 3% of the issued Ordinary
Shares:
Shareholder % of Issued Share Capital
Thomas Anderson 24.99
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules, Ormonde has 472,507,482 Ordinary
Shares in issue. This figure of 472,507,482 Ordinary Shares may be
used by shareholders in the Company as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the Financial Conduct
Authority's Disclosure Guidance and Transparency Rules.
This announcement, together with any documents incorporated by
reference, shall be deemed to constitute an admission document for
the purposes of the Aquis Growth Market Rules for Issuers - Access.
It has not been approved or reviewed by the Aquis Stock Exchange or
the Financial Conduct Authority.
For further information, please contact:
Ormonde Mining plc Brian Timmons,
Chairman Tel: +353 (0)1 801 4184
Vigo Consulting (Investor Relations)
Ben Simons / Fiona Hetherington Tel: +44 (0)20 7390 0230
Peterhouse Capital (Aquis Corporate
Adviser) Tel: +44 (0)20 7469 0930
Narisha Ragoonanthun / Brefo
Gyasi
This announcement contains inside information for the purposes
of the UK Market Abuse Regulation and the Directors of the Company
are responsible for the release of this announcement.
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END
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