2 December
2021
ALTONA RARE EARTHS
PLC
(“Altona” or “the Company”)
DIRECTORS SHARE
DEALING
Altona (AQSE: ANR), a Rare Earths mining company focused on the
discovery and development of rare earth mine projects in
Africa, announces that,
Christian Taylor-Wilkinson, Chief
Executive of the Company has purchased, on the open market, 66,560
new ordinary shares at a price of 11.3
pence on 1 December 2021.
Following this purchase, Mr. Taylor-Wilkinson will hold a total
interest in 1,912,371 shares, or 6.3% of the enlarged Share capital
of the Company.
The Company has issued, on 20 October
2021, 200,000 new ordinary shares, to a subscriber of the
Company’s Placing which was announced on 10
September 2021.
Admission and Total Voting Rights
Following this issue of 200,000 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 30,234,999 The Company
has no shares held in Treasury. This figure of 30,234,999
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.
-ends-
For further information, please visit www.altonaRE.com or
contact:
Altona Rare Earths Plc
Christian Taylor-Wilkinson, Chief
Executive
+44 (0) 7795 168 157
Martin Wood, Non-Executive
Chairman
+44 (0) 7880 787 080
Optiva Securities (Broker)
Hal
Norwood
+44 (0) 20 3411 1882
Alfred Henry Corporate Finance Ltd (AQSE Corporate
Adviser )
Jon Isaacs / Nick
Michaels
+44 (0) 20 3772 0021
Company Information
Altona Rare Earths Plc is a mining exploration company focused
on the evaluation, development and extraction of Rare Earth Element
(REE) metals in Africa.
Having ownership of both carbonatite and ionic clay deposits
allows Altona possible access to both Heavy and Light Rare Earths,
one of the few companies in the position to potentially supply all
17 REEs in economic quantities.
It acquired its first rare earths mining asset, the
“carbonatite” Monte Muambe Project in Northwest Mozambique, in June 2021 and completed Phase 1 drilling on
26 November 2021.
The Company completed its second acquisition in October 2021 – the “ionic clay” Chambe Rare
Earths Project in Southern Malawi,
where it will commence Phase 1 exploration drilling by the end of
Q1 2022.
The Company was admitted to trading on AIM on 10 March 2005 and was subsequently admitted to
Aquis Stock Exchange on 1 February 2019. A copy of its
Admission documents dated 4 March
2005 can be accessed on its website, www.altonaRE.com.
This website is where items can be inspected under Rule 75 of the
Aquis Rules for Issuers.