13 January
2021
ALTONA ENERGY PLC
(“Altona” or “the Company”)
ISSUE OF
EQUITY
Altona (AQSE: ANR.PL), a mining exploration company with a focus
on Rare Earth Elements (“REE”) mining projects in Africa, announces it has issued a further
642,023 new ordinary shares (“Placing Shares”) at a price of
6.5 pence per share, in relation to
the Placing it completed in December
2020.
The Company has now raised, including the funds received in
December, a total of £138,461 before expenses, through the placing
of 2,130,178 new ordinary shares.
Admission and Total Voting Rights
Following this issue of 642,023 Placing Shares, which will
rank pari passu with the Company's existing
Ordinary Shares, the Company’s enlarged share capital and total
voting rights in the Company will comprise 5,303,463. The Company
has no shares held in Treasury. This figure of 5,303,463
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 in their
interest in, the share capital of the Company under the FCA’s
Disclosure and Transparency Rules. The new Placing Shares will be
admitted to trading on Aquis Stock Exchange (“AQSE”) on
14 January 2021.
-ends-
For further information, please visit www.altonaenergy.com or
contact:
Altona Energy Plc
Christian Taylor-Wilkinson, Chief
Executive
+44 (0) 7795 168 157
Martin Wood, Non-Executive
Chairman
+44 (0) 7880 787 080
Alfred Henry Corporate Finance Ltd (AQSE Corporate
Adviser )
Jon Isaacs / Nick
Michaels
+44 (0) 20 3772 0021
Company Information
Altona is a mining exploration company focused on the
evaluation, rapid development and extraction of Rare Earth Element
(REE) metals in Africa.
The Company was admitted to trading on AIM on 10 March 2005 and was subsequently admitted to
Aquis Stock Exchange (previously NEX) on 1 February 2019. A
copy of its Admission documents dated 4
March 2005 can be accessed on its website,
www.altonaenergy.com. This website is where items can be
inspected under Rule 75 of the Aquis Rules for Issuers, from
1 February 2019.