Strategic Minerals PLC Total Voting Rights (0103K)

TIDMSML

RNS Number : 0103K

Strategic Minerals PLC

31 December 2020

Strategic Minerals plc

("Strategic Minerals", "SML" or the "Company")

Total Voting Rights

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) announces that issued share capital of the Company as of the date of this announcement is comprised of 1,909,297,949 Ordinary Shares of 0.1 pence each. The Company does not hold any ordinary shares in treasury. Consequently, 1,909,297,949 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 
 
  For further information, please contact: 
 
                                                         +61 (0) 414 727 
Strategic Minerals plc                                    965 
John Peters 
Managing Director 
www.strategicminerals.net 
 
Follow Strategic Minerals on: 
Vox Markets:   https://www.voxmarkets.co.uk/company/SML/ 
Twitter:       @SML_Minerals 
LinkedIn:      https://www.linkedin.com/company/strategic-minerals-plc 
 
 
                                                         +44 (0) 20 3470 
SP Angel Corporate Finance LLP                            0470 
Nominated Adviser and Broker 
Matthew Johnson 
Charlie Bouverat

Notes to Editors

Strategic Minerals plc is an AIM-quoted, profitable operating minerals company. It has an operation in the United States of America and Australia along with development projects in the UK and Australia. The Company is focused on utilising its operating cash flows, along with capital raisings, to develop high quality projects aimed at supplying the metals and minerals the Board considers likely to benefit from future supply and demand factors.

In September 2011, Strategic Minerals acquired the distribution rights to the Cobre magnetite tailings dam project in New Mexico, USA, a cash-generating asset, which it brought into production in 2012 and which continues to provide a revenue stream for the Company. This operating revenue stream is utilised to cover company overheads and invest in progressing the Company's development projects.

In May 2016, the Company entered into an agreement with New Age Exploration Limited and, in February 2017, acquired 50% of the Redmoor Tin and Tungsten project in Cornwall, UK. The bulk of the funds from the Company's investment were utilised to complete an initial drilling programme that year. This programme resulted in a significant upgrade of the resource. This was followed in 2018 with a 12-hole 2018 drilling programme which resulted in the resource update announced in February 2019. In March 2019, the Company entered into arrangements to acquire the balance of the Redmoor Tin and Tungsten project. This was completed on 24 July 2019.

In March 2018, the Company completed the acquisition of the Leigh Creek Copper Mine situated in the copper rich belt of South Australia and brought the project into production in April 2019.

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

TVRMZMZZMLDGGZM

(END) Dow Jones Newswires

December 31, 2020 02:00 ET (07:00 GMT)

Strategic Minerals (AQSE:SML.GB)
Historical Stock Chart
From Jun 2024 to Jul 2024