North River Resources plc

Published : October 07th, 2015

Director Holdings

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Keywords :   Gold | Lead | Namibia | Zinc |

Director Holdings

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North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining 7 October 2015

North River Resources plc ('North River' or the 'Company') Director Holdings

North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, announces that, further to this morning's admission of the shares issued under the Open Offer, the Greenstone Placing and the Shortfall Placing (as defined in the Company's announcement yesterday) (together the 'Phase One Fundraising'), the Directors have the following beneficial and non-beneficial shareholdings in the Company:


Director

Shareholding in

the Company

prior to completion of the

Phase One Fundraising

Ordinary Shares

subscribed for as part of the Phase

One Fundraising***

Shareholding in

the Company post completion of the

Phase One Fundraising

Percentage of

issued share capital following completion of the

Phase One Fundraising

Brett Richards

22,619,047

3,238,342

25,857,389

1.18%

James Beams

-

48,575,130

48,575,130

2.21%

Keith Marshall

-

10,000,000

10,000,000

0.45%

Ken Sangster

-

5,000,000

5,000,000

0.23%

Mark Thompson

28,571,429

-

28,571,429

1.30%

Ding Chan*

266,666,667

-

266,666,667

12.13%

Mark Sawyer**

564,858,446

94,649,198

659,507,644

29.99%


* Held indirectly through Kalahari Gold Limited and Kalahari Diamonds Limited, each of which is a wholly owned subsidiary of Extract Resources Limited, which in turn is owned by Taurus Minerals Limited (Ms Ding Chan is the appointee of Taurus Minerals Limited).

** Held indirectly through Greenstone Resources L.P ('Greenstone'). Mark Sawyer does not have any direct interest in the Ordinary Shares or any options over Ordinary Shares but is a founding partner of Greenstone. Greenstone also holds the Tranche One Notes (as defined in the Company's announcement yesterday), pursuant to the terms of the Greenstone Placing.

*** The Ordinary Shares were subscribed for at a price of 0.2 pence per Ordinary Share, which is the same price as the Open Offer was completed at.


For further information please visit www.northriverresources.com or contact:



James Beams

North River Resources Plc

Tel: +44 (0) 20 7025 7047

Andrew Emmott / Ritchie Balmer

Strand Hanson Limited

Tel: +44 (0) 20 7409 3494

Jonathan Williams / Kim Eckhof

RFC Ambrian Limited

Tel: +44 (0) 20 3440 6800

Elisabeth Cowell / Lottie Brocklehurst

St Brides Partners Limited

Tel: +44 (0) 20 7236 1177

**ENDS**

Read the rest of the article at www.noodls.com
Data and Statistics for these countries : Namibia | All
Gold and Silver Prices for these countries : Namibia | All

North River Resources plc

CODE : NRRP.L
ISIN : GB00B3XGRQ09
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North River Resources is a exploration company based in United kingdom.

North River Resources holds various exploration projects in Mozambique.

Its main exploration properties are MONTE MUANDE and MUANDE in Mozambique.

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Corporate news of North River Resources plc
7/7/2016Shareholder Conference Call
6/28/2016Board Change
4/26/2016Drilling update
3/21/2016Drilling update
2/1/2016Receipt of Notice of Preparedness to Grant Mining Licence fo...
12/11/2015Board Changes
10/30/2015Namib Project Update
10/7/2015Director Holdings
10/6/2015Update on Phase One Fundraising
10/1/2015Result of Open Offer
9/30/2015Interim Results
9/15/2015Placing Open Offer
8/28/2015Result of General Meeting
8/27/2015Update re IR Conference Call
8/11/2015Financing Proposal and Notice of GM
8/3/2015Change of Broker
7/22/2015Namib Project Development and Funding Update
7/22/2015Namib Bankability Strengthened Significantly following Metal...
7/10/2015Board Changes
7/2/2015Conference Call Highlights
7/2/2015Board Changes
4/1/2015Shareholder Conference Call Recording and Highlights
3/24/2015Shareholder Conference Call
1/20/2015Board & Senior Management Appointments and Project Update
11/26/2014DFS Demonstrates Robust Economics of NLZM
11/18/2014Greenstone Tranche Two
11/3/2014Greenstone Resources
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