North River Resources plc ('North River' or 'the Company')
North River Resources plc / Ticker: NRRP / Index: AIM / Sector: Mining
[18] November 2014
North River Resources plc ("North River" or "the Company")
Greenstone Tranche Two
Further to the Company's announcement on 31 October 2014, North River is pleased to announce that the US$2.875 million second tranche of equity funds due from Greenstone Resources LP ("Greenstone Resources") under the investment agreement has now been received.
Accordingly, Greenstone Resources has been issued with 260,936,649 new ordinary shares of
£0.002 each in the Company ("Ordinary Shares"), which are expected to be admitted to trading
on AIM on 21 November 2014.
Following this, Greenstone Resources' total holding in the Company has increased to
564,858,446 Ordinary Shares, which represents a 29.48 per cent. interest in the total issued share capital of the Company.
Total voting rights
For the purposes of the FCA's Disclosure and Transparency Rules, the Company advises that the total issued share capital of the Company as at the date of this notice comprises 1,915,875,310 ordinary shares of £0.002 each, with each share carrying the right to one vote.
The Company does not hold any shares in treasury and, therefore, the above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.
**ENDS** For Further Information please contact: