IronRidge Resources Limited Block Listing Application (3448Z)
September 17 2020 - 11:30AM
UK Regulatory
TIDMIRR
RNS Number : 3448Z
IronRidge Resources Limited
17 September 2020
17 September 2020
IronRidge Resources Limited
(AIM: IRR)
Block Listing Application
IronRidge Resources Limited (AIM: IRR, "IronRidge" or the
"Company"), the African focussed minerals exploration company
announces that a block listing application ("Block Listing") has
been made to the London Stock Exchange for up to 32,172,064
depositary interest of no par value each in the Company ("New
Ordinary Shares") to be admitted to trading on AIM.
Forming part of the Company's successful capital raising program
of May 2020, and as approved by shareholders at the Company's
General Meeting of 24 June 2020, the Company has on issue a total
of 32,172,064 unlisted warrants exercisable at a price of 12 pence
per New Ordinary Share through to 25 June 2022.
The Block Listing has been filed to enable holders of the
Company's 12p warrants to continue to voluntarily exercise them
without the need for the issue of a separate RNS and admissions
filing each time this occurs. The Company will notify on a monthly
basis when there are changes to the issued share capital of the
Company, and these monthly figures 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 in their
interest in, the share capital of the Company. The Company will
also make six-monthly announcements regarding the utilisation of
the block admission in line with its obligations under AIM Rule 29.
It is expected that the Block Listing will become effective on 23
September 2020.
If and when issued, the New Ordinary Shares will rank pari passu
in all respects with the existing ordinary shares of the
Company.
The total number of ordinary shares of no par value in the
Company as at the date of this announcement is 409,943,492. There
are currently no shares held in treasury. The total number of
voting rights in the Company is therefore 409,943,492. This figure
may be used by shareholders 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 Company.
For any further information please contact:
IronRidge Resources Limited Tel: +61 7 3303 0610
Vincent Mascolo (Chief Executive Officer)
Karl Schlobohm (Company Secretary)
www.ironridgeresources.com.au
SP Angel Corporate Finance LLP Tel: +4 (0)20 3470 0470
Nominated Adviser
Jeff Keating
Charlie Bouverat
SI Capital Limited Tel: +44 (0) 1483 413
Company Broker 500
Nick Emerson Tel: +44 (0) 207 871 4038
Jon Levinson
Yellow Jersey PR Limited Tel: +44 (0)20 3004 9512
Henry WilkinsonMatthew McHale
Dominic Barretto
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END
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