Business
Exercise of Warrants
Exercise of Warrants.
About this update from Phoenix Copper Ltd. (united Kingdom)
[{"type":"text","content":"\n \nRNS Number : 1175E Phoenix Global Mining Ltd 07 February 2018 \n\nPhoenix Global Mining Ltd / Ticker: AIM:PGM / Sector: Mining\n \n7 February 2018\n \nPhoenix Global Mining Ltd ('Phoenix' or the 'Company')\nExercise of Warrants\n \nPhoenix Global Mining Ltd (AIM:PGM), the AIM quoted, US-focused copper exploration and development company, has issued 530,951 new ordinary shares of nil par value (\"Ordinary Shares\") as a result of an exercise of 530,951 warrants exercisable at 2.1p each (the \"Warrant Shares\"). \n \nApplication will be made for the Warrant Shares, which will rank pari passu with the existing Ordinary Shares in the Company, to be admitted to trading on AIM (\"Admission\"). It is expected that Admission will become effective and dealings will commence on or around 8.00a.m. on 12 February 2018. \n \nFollowing the issue of the Warrant Shares, the issued share capital of the Company will consist of 230,286,473 Ordinary Shares. No shares were held in treasury at the date of this announcement. The current total voting rights in the Company are therefore 230,286,473. \n \nMarket Abuse Regulation (MAR) Disclosure\n \nCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\n \n**ENDS**\n \nFor further information please visit www.pgmining.com or contact: \n\n\n\n\nPhoenix Global Mining Ltd\n\n\nDennis Thomas & Richard Wilkins \n\n\nc/o St Brides Partners \n+44 20 7236 1177\n \n\n\n\n\nSP Angel\n(Nominated Advisor)\n \n\n\nLindsay Mair / Caroline Rowe\n\n\nTel: +44 20 3470 0470\n\n\n\n\nBrandon Hill Capital (Broker)\n\n\nJonathan Evans / Oliver Stansfield/ Alex Walker/Robert Beenstock\n \n\n\nTel: +44 20 3463 5000\n\n\n\n\nSt Brides Partners\n(Financial PR)\n\n\nCharlotte Page / Susie Geliher\n\n\nTel: +44 20 7236 1177\n\n\n\n\n \n \nNotes\n \nPhoenix Global Mining Ltd (AIM: PGM) is a US-focused, base and precious metal explorer and developer, which is fast-tracking the historically-producing Empire Mine in Idaho, USA back into production.\nHaving established an initial copper oxide JORC and NI 43-101 resource of 19.4 mt grading 0.47% copper ('Cu') for 90,547 t contained Cu, plus zinc, gold and silve...