Business
Placing and Open Offer
Placing and Open Offer.

About this update from Aminex Plc
[{"type":"text","content":"\n \nRNS Number : 7104D Aminex PLC 08 July 2016 \n\nNOT FOR FORWARDING, RELEASE, PUBLICATION OR DISTRIBUTION IN PART OR IN WHOLE DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SWITZERLAND OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION\n \nThis announcement contains inside information regarding Aminex plc. This announcement is an advertisement and not a prospectus (or prospectus equivalent document). Investors should not subscribe for or purchase any shares referred to in this announcement except solely on the basis of information in the prospectus (the \"Prospectus\") expected to be published by Aminex plc (\"Aminex\" or the \"Company\") on 11 July 2016 in connection with the admission of ordinary shares in the capital of the Company (the \"Shares\") to the Official Lists of the Irish Stock Exchange plc (Irish Stock Exchange\") and the UK Listing Authority and to trading on the regulated market for listed securities of the Irish Stock Exchange and on the main market for listed securities of the London Stock Exchange plc (\"London Stock Exchange\"), (\"Admission\"). A copy of the Prospectus will, following publication, be available on the Company's website (www.aminex-plc.com). This announcement is not an offer to sell, or a solicitation of an offer to acquire, securities in the United States or in any other jurisdiction. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever.\n \n8 July 2016\n \nAminex PLC (\"Aminex\" or the \"Company\")\n \nPlacing and Open Offer\n \nPlacing to raise Stg£16.9m (US$22m) and proposed Open Offer to raise up to Stg£2.6 million (US$3.4m) \n \nHighlights\n \n· Proposed equity funding to raise up to approximately Stg£19.5m (US$25.4m) by the issue of up to approximately 1,499m New Ordinary Shares at Stg1.3p per New Ordinary Share (the \"Issue Price\")\n \n· Net proceeds of the fundraising to be used principally to finance the drilling of the Ntorya-2 appraisal well and the Ntorya-3 exploration well\n \n· &n...