Alexander Mining plc: Issue of Shares for Corporate Introduction and Total Voting Rights
Published : May 20, 2011
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Keywords :   Canada | London | Market | Transparency |

LONDON, UNITED KINGDOM--(Marketwire - May 20, 2011) - Alexander Mining plc (News - Market indicators)(AIM:AXM) ("Alexander", the "Company"), the AIM-listed mining and mineral processing technologies company, announces the issue of 500,000 new ordinary shares to Michael (Mike) O'Sullivan (former VP – Business Development, Anvil Mining Limited ("Anvil")) as an ex-gratia payment for corporate introductions. The ordinary shares have been issued fully paid at a value of 10p per ordinary share.

This payment is in consideration for his valuable introduction of Anvil and the subsequent signing of the Mutoshi joint venture agreement between Alexander and Anvil, and ongoing assistance for Alexander's mobilisation for this and other opportunities for the Company's technology in the Democratic Republic of the Congo.

Application has been made for the new ordinary shares, which will rank paripassu with all existing ordinary shares, to be admitted to trading on AIM. Admission is expected to be effective at 8.00 am on 24 May 2011.

Total Voting Rights

For the purposes of the Financial Services Authority's Disclosure and Transparency rules, the Company announces that, as of the date of this announcement and after the above noted issue of shares, the total number of ordinary shares of 10p in issue is 135,986,542 with each share carrying the right to one vote. The Company has no ordinary shares held in treasury. The total of 135,986,542 ordinary shares may therefore be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

The issuance of the shares has been approved by the TSX Venture Exchange. In accordance with applicable Canadian securities legislation, the shares will be issued with a legend restricting transfer in Canada for a period of four months and one day following the issuance of the shares.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Alexander Mining plc
Martin Rosser
Chief Executive Officer
+ 44 (0) 7770 865 341
or
Alexander Mining plc
Matt Sutcliffe
Executive Chairman
+44 (0) 7887 930 758
or
Nominated Advisor and Joint Broker
Ambrian Partners Limited
Samantha Harrison / Jen Boorer
+44 (0) 20 7634 4700
or
Joint Broker
XCAP Securities plc
John Grant / Karen Kelly / David Newton
+44 (0) 20 7101 7070
or
Public/Media Relations
Britton Financial PR
Tim Blackstone
+44 (0) 20 7242 9786
or
Alexander Mining plc
1st Floor, 35 Piccadilly
London, W1J 0DW
+44 (0) 20 7292 1300
+44 (0) 20 7292 1313 (FAX)
mail@alexandermining.com
www.alexandermining.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Alexander Mining Plc

EXPLORATION STAGE
CODE : AXM.L
ISIN : GB00B06K1665
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Alexander Mining is based in United kingdom.

Its main exploration properties are LEON in Argentina and MOLINETES in Peru.

Alexander Mining is listed in Canada, in Germany and in United Kingdom. Its market capitalisation is GBX 56.7 millions as of today (US$ 66.8 millions, € 60.1 millions).

Its stock quote reached its highest recent level on February 29, 2008 at GBX 9.91, and its lowest recent point on December 20, 2019 at GBX 0.02.

Alexander Mining has 1 888 730 149 shares outstanding.

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