Hummingbird Resources PLC Exercise of Options and Total Voting Rights (7848P)
February 12 2019 - 6:46AM
UK Regulatory
TIDMHUM
RNS Number : 7848P
Hummingbird Resources PLC
12 February 2019
Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector:
Mining
Hummingbird Resources plc
("Hummingbird" or the "Company")
Exercise of Options and Total Voting Rights
Hummingbird Resources (AIM:HUM) announces that it has issued
1,861,302 new ordinary shares of 1p each in the Company ("Ordinary
Shares") pursuant to an exercise of options under pre-existing
employee share option schemes ("Options Exercise").
The Ordinary Shares to be issued pursuant to the Options
Exercise have already been admitted to trading on AIM ("Admission")
under the Company's block listing most recently announced on 12
September 2018.
Total Voting Rights
The total number of Ordinary Shares in issue following Admission
will be 353,688,201 and the Company holds no shares in treasury.
Therefore, the total number of Ordinary Shares with voting rights
in the Company will be 353,688,201.
The above figure of 353,688,201 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, Hummingbird under the FCA's Disclosure and
Transparency Rules.
For further information, please visit
www.hummingbirdresources.co.uk or contact:
Daniel Betts, Hummingbird Resources plc Tel: +44 (0) 20 7409
CEO 6660
Thomas Hill,
FD
Robert Monro,
IR
James Spinney Strand Hanson Limited Tel: +44 (0) 20 7409
Ritchie Balmer Nominated & Financial Adviser 3494
James Bellman
Martin Davison Canaccord Genuity Limited Tel: +44 (0) 20 7523
James Asensio Broker 8000
Gordon Poole Camarco Tel: +44 (0) 20 3 757
Owen Roberts Financial PR/IR 4980
James Crothers
About Hummingbird Resources Plc
Notes to Editors
Hummingbird Resources (AIM: HUM) is a leading gold production,
development and exploration company. The Company has two core gold
projects, the Yanfolila Gold Mine in Mali and the Dugbe Gold
Project in Liberia. Yanfolila produced its first gold pour on time
and budget in December 2017. Yanfolila held pre-production Probable
Reserves of 709,800oz @ 3.14g/t, total Resources of 1.8Moz of gold
and an additional 390,700oz of non-compliant exploration potential.
The Dugbe Gold Project has Resources currently totalling 4.2Moz of
gold and a completed NI 43-101 compliant PEA on the project showing
a 29% IRR and US$186m NPV at a US$1,300 gold price.
In addition to Hummingbird's production and development assets,
the Company also has an exploration footprint of 4,000km2 and a 28%
interest in AIM listed Cora Gold, which is advancing a portfolio of
prospects in Mali and Senegal.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
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.
END
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