Strategic Minerals Corp NL

Published : July 20th, 2015

Director Shareholding

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Director Shareholding



20 July 2015

Strategic Minerals plc

("Strategic Minerals " or the "Company ")

Director dealing

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral development and production company, was informed on 18 July that John Peters, CEO of the Company, acquired 3,000,000 ordinary shares in the Company at a price of 0.6p per share on 17 July 2015. Following this purchase, Mr Peters has a beneficial interest in 8,700,000 ordinary shares in the Company, representing 0.98% of the Company's issued share capital.

Mr John Peters said, "I wanted to take part in the recent share placement but was unable to as we were in a close period. My purchase, at significantly above market, reflects my continued confidence in the Company, its ability to complete the Tatu project and the price at which the placing was carried out."

For further information, please contact:

Strategic Minerals plc

John Peters

Managing Director

+61 414 727 965

Allenby Capital Limited

Nominated Adviser and Joint Broker

Jeremy Porter

James Reeve

+44 (0)20 3328 5656

Cornhill Capital Limited

Joint Broker

James Sheehan

Colin Rowbury

+44 (0)20 3700 2516

Yellow Jersey PR

Financial PR

Dominic Barretto

Kelsey Traynor

+44 (0)779 900 3220

Notes to Editors

Strategic Minerals plc is an AIM-quoted, diversified mineral development and production company, with projects in the United States of America and New Zealand. The Company is focused on acquiring and developing cash-generative, high-quality projects that meet local market demand for commodities.

In September 2011, Strategic Minerals purchased its first cash generating assets, the Cobre magnetite tailings dam project in New Mexico, USA, which it brought into production in 2012 and which continues to provide a revenue stream for the Company. The portfolio was expanded in March 2015 with the acquisition of the Tatu Coal Mine located in North Island, New Zealand. Strategic Minerals is now developing this project with the expectation that it will make its first thermal coal sales in H1 2016.

In addition, the Company also has an exploration iron ore project in Queensland, Australia.


This information is provided by RNS
The company news service from the London Stock Exchange
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Strategic Minerals Corp NL

CODE : SMC.AX
ISIN : AU000000SMC6
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Strategic Min is a producing silver and gold company based in Australia.

Strategic Min holds various exploration projects in Canada.

Its main exploration properties are MAGNUM and PIKE PROPERTY in Canada.

Strategic Min is listed in Australia. Its market capitalisation is AU$ 26.5 millions as of today (US$ 16.2 millions, € 14.6 millions).

Its stock quote reached its lowest recent point on May 05, 2016 at AU$ 0.00, and its highest recent level on October 18, 2019 at AU$ 0.53.

Strategic Min has 69 630 000 shares outstanding.

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